Pins matching tag:Target

On 1 May 1962 the Dayton Company opened the first Target discount store, a 68,800-square-foot, one-floor store at 1515 County Road B in Roseville, Minnesota.

On 20 August 2025 Target's board elected chief operating officer Michael Fiddelke as its next CEO, effective 1 February 2026, with Brian Cornell moving to executive chair.

On 23 October 2025 Target said it was eliminating about 1,800 corporate positions, around 8% of its corporate workforce, with roughly 1,000 layoffs and 800 vacant roles removed, to speed up decisions under incoming CEO Michael Fiddelke.

Target's limited-time designer collaboration with New York designer Rosie Assoulin - dresses, sets, bags, sandals and her first home line, mostly under $50 - went on sale on 25 July 2026 with a launch event at Target SoHo.

On 19 August 2026 Target reported second-quarter net sales up 5.3% to US$26.5 billion, comparable sales up 3.8% and EPS of US$4.11, including a US$994 million pretax tariff refund benefit, and raised its full-year guidance.

On 29 September 2026 Target cut prices on nearly 2,000 home, apparel and accessories items, adding to more than 10,000 reductions over the past year, with Target Circle Deal Days set for 6-7 October.