Target Corp

Walmart workers demand expanding food discount for employees

Walmart's labor activists have sent a petition demanding the company to give 10% employee discount in all food at all times of the year, following to successful effort to raise wages.

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Target to cut thousands of jobs, eyes $2 billion in cost cuts

U.S. retailer Target Corp on Tuesday said it planned to cut several thousand jobs, mainly from headquarters locations, as part of a restructuring that will cut $2 billion in costs over two years.

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Thin crowds during CEO's visit helped seal Target Canada's demise

Target Corp was scrambling for ways to fix its failing Canadian expansion and considering closing just the weakest locations, but a pre-holiday visit to several stores by CEO Brian Cornell helped seal the decision for a full retreat.

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U.S. retailers likely to just meet holiday sales forecasts: experts

U.S. consumers have not turned out in force for the final shopping days before Christmas, suggesting that traditional retailers will just meet industry sales forecasts in a season marked by deep discounts and growing encroachment from online rivals led by Amazon.com Inc (AMZN.O).

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Bebe Stores confirms payment card security breach

Bebe Stores Inc said it detected a hacking attack on its payment processing system that could have compromised data from cards swiped in its stores in the United States, Puerto Rico and U.S. Virgin Islands.

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U.S. Black Friday shopping marked by thinner crowds, protests

Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online.

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Wal-Mart to expand discounts as retail price war heats up

Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war among big U.S. retailers.

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Sears says Kmart stores hit by data breach

Sears Holdings Corp (SHLD.O) said it was the victim of a cyberattack that likely resulted in the theft of some customer payment cards at its Kmart stores, the latest in a series of computer security breaches to hit U.S. companies and dealing a fresh blow to the struggling U.S. retailer.

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Sunny September sales unlikely to brighten retailers' holiday prospects

A resurgence in spending helped by an improving U.S. economy bolstered back to school season sales for retailers in September, but stagnant wages may force more discounting in the coming months, keeping pressure on margins.

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Wal-Mart raises healthcare costs, cuts benefits for some part-timers

Wal-Mart Stores Inc, the biggest U.S. private sector employer, said on Tuesday that its 1.3 million workers would have to pay more for healthcare and it would end benefits for some part-time staff in a move that could prompt other companies to follow suit.

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Restaurant chain Jimmy John’s reports data breach at 216 stores

Sandwich restaurant chain Jimmy John’s said there was a potential security breach involving customers' credit and debit card data at 216 of its stores and franchised locations on July 30.

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Dollar General to go hostile with $9.1 billion Family Dollar bid: sources

U.S. retailer Dollar General Corp (DG.N) is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores (FDO.N), taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday.

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U.S. states probe Home Depot breach, senators seek FTC investigation

Two senators asked the federal government to investigate a data breach on the payment-card processing systems of Home Depot Inc (HD.N) and five U.S. states launched a probe into the matter on Tuesday as fallout from the attack intensified.

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Home Depot says probing 'unusual activity' after data breach report

Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach.

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Dollar General sweetens Family Dollar bid, may go hostile

Dollar General Corp (DG.N) raised its bid for Family Dollar Stores Inc (FDO.N) to $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected.

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