Target February Revenue Figure Up 1.8 Percent
MINNEAPOLIS (AP) — Target said Thursday that a key revenue figure rose 1.8 percent for February, helped by sales of fresh food and by shoppers with its branded cards taking advantage of a 5 percent...
View ArticleTarget’s Website Crashes
NEW YORK (AP) – Sometimes, a fashion launch is just too enticing. Target Inc.’s entire website crashed Tuesday, the day the cheap chic retailer launched the online sale of its limited offerings of...
View ArticleTarget’s Online President Departs
MINNEAPOLIS (AP) — Target Corp. says the head of its online business has left the company. The retailer announced late Thursday that Steve Eastman, the 47-year old president of Target.com, has left to...
View ArticleBest Buy Drops $10 Fee For Electronics Recycling
RICHFIELD, Minn. (AP) — Best Buy Co. Inc. is eliminating a $10 fee that covered many items disposed of through its in-store electronics recycling program. The Richfield-based electronics retailer says...
View ArticleBlack Friday: Let The Deals Begin!
Blog: Black Friday Deals MINNEAPOLIS (WCCO) — Two hours before Black Friday officially began, many shoppers were already waiting in lines, hoping to be the first one through the door. At the Best Buy...
View ArticleBest Buy Among ‘Most Hated’ For Customer Satisfaction
MINNEAPOLIS (WCCO) — When Richfield-based Best Buy made the news back in December, it wasn’t good. The company had to apologize to thousands of customers after the orders placed after Thanksgiving...
View ArticleBest Buy To Close Stores After Dismal Earnings Report
MINNEAPOLIS (AP/WCCO) — Best Buy Co. said it plans to close 50 big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015. The news came...
View ArticleBest Buy CEO Resigns Amid Internal Investigation
NEW YORK (AP) — Best Buy CEO Brian Dunn abruptly resigned on Tuesday after the embattled consumer electronics chain launched an internal investigation into his “personal conduct.” Best Buy released a...
View ArticleNeiman Marcus: Latest Luxury Retailer Calling It Quits In MN
MINNEAPOLIS (WCCO) — Neiman Marcus is the latest luxury retailer saying goodbye to Minnesota, and it might have a lot to do with how much Minnesotans are able to spend these days. A close look at the...
View ArticleTarget Apologizes For Labeling Plus-Size Dress ‘Manatee Gray’
MINNEAPOLIS (WCCO) – Target has apologized to customers after some took issue with how clothing meant for plus-sized shoppers was labeled. A shopper noticed that two identical dresses were branded...
View ArticleTarget 3Q Results Mixed, Cuts 2013 Profit Outlook
MINNEAPOLIS (AP) – Target Corp.’s third-quarter net income dropped 47 percent, stung by costs related to its expansion into Canada. Its adjusted profit beat analysts’ estimates, but revenue fell short....
View ArticleTarget Fires President Of Canadian Operations
NEW YORK (AP) — Target has fired the president of its troubled Canadian operations, Tony Fisher, and is replacing him with a 15-year U.S. company veteran. The executive shakeup in Canada comes two...
View ArticleTarget 1Q Profit Falls 16 Percent As Breach Takes Toll
NEW YORK (AP) — Target cut its annual profit outlook Wednesday and said its first-quarter earnings fell 16 percent as it took another hit from a massive customer data breach and a troubled expansion in...
View ArticleTarget Debuts Image-Recognition Shopping App
NEW YORK (AP) — Target is introducing an app that lets users purchase items after scanning magazine ads with their smartphones. It’s the latest offering from retailers looking to boost sales with the...
View ArticleFor Deer Hunters, ‘Orange Friday’ Bags Early Deals
BROOKLYN PARK, Minn. (WCCO) – For Minnesota’s 500,000 firearms deer hunters the Friday before opening day is much like the day after Thanksgiving. The day has become such a popular shopping day for...
View ArticleBest Buy Among ‘Most Hated’ For Customer Satisfaction
MINNEAPOLIS (WCCO) — When Richfield-based Best Buy made the news back in December, it wasn’t good. The company had to apologize to thousands of customers after the orders placed after Thanksgiving...
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