Target Corporation news and archive

Target announces changes to its leadership team

Target Corporation has named Christina Hennington, currently chief growth officer, as chief strategy and growth officer, and Rick Gomez, currently chief food, essentials and beauty officer, as chief commercial officer, overseeing Target's merchandising business, both effective July 7. The company added that Lisa Roath, Target's chief marketing...

Business

Target reports Q1 comparable sales decline of 3.7 percent

Target reported first quarter GAAP and adjusted earnings per share of 2.03 dollars compared with 2.05 dollars in 2023. The company’s first quarter comparable sales declined 3.7 percent, reflecting a comparable store sales decline of 4.8 percent partially offset by a comparable digital sales increase of 1.4 percent. Total revenue of 24.5 billion...