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October 18, 2021

Target Corp

‘Out of stock’ items plague grocery delivery services. Personal shoppers at Target’s Shipt aim to fix that

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CNBC – For more and to sign up click here Jeremy Fetters worked as a bartender for years, but switched careers when the pandemic began and the night club where he worked temporarily shut. Now, he said he plans to continue with Shipt. Jeremy Fetters ST. PETERSBURG, Fla. — Jeremy......

Affirm shares surge 20% after online lender partners with Target ahead of holiday shopping season

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CNBC – For more and to sign up click here A shopper leaves a Target store in New York, August 15, 2021. Scott Mlyn | CNBC Affirm shares jumped closed up 20% on Wednesday after retail chain Target began offering its customers the online lender’s installment loan service for purchases......

An ocean full of containers: How toy companies are grappling with shipping delays this holiday season

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CNBC – For more and to sign up click here A shopper wearing a face mask due to the coronavirus disease (COVID-19) pandemic browses toys at a Target store in King of Prussia, Pennsylvania, November 20, 2020. Mark Makela | Reuters Even from the porch of his home in Malibu, toy......

Target will pay employees an extra $2 an hour for peak days of holiday season

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CNBC – For more and to sign up click here People walk in front of Target store on March 02, 2021 in New York. Emaz | Corbis News | Getty Images Target said Tuesday that it will pay $2 an hour more to employees who pick up shifts during peak......

Amazon rolls out early Black Friday deals to jump-start holiday shopping

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CNBC – For more and to sign up click here Amazon employees load boxes with orders at the company’s fulfillment center ahead of Cyber Monday in Tracy, Calif. David Paul Morris | Bloomberg | Getty Images Amazon is rolling out “Black Friday-worthy” deals in a bid to hook early holiday......

Whole Foods’ co-founding CEO, John Mackey, to retire from the Amazon-owned grocer in 2022

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CNBC – For more and to sign up click here John Mackey, CEO of Amazon-owned grocer Whole Foods, will retire next year and step down from his role, the company announced Thursday. Whole Foods’ current COO, Jason Buechel, will become the new CEO after Mackey’s retirement, the company said. In......

Bed Bath & Beyond shares dive more than 25% as supply chain issues hit sales, inflation eats into profits

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CNBC – For more and to sign up click here People walk out of a Bed Bath & Beyond store amid the coronavirus disease (COVID-19) pandemic in New York, January 27, 2021. Carlo Allegri | Reuters Bed Bath & Beyond shares tanked more than 28% in premarket trading Thursday as......

Amazon, Walmart, Target are paying for college, but money isn’t everything in education

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CNBC – For more and to sign up click here Employees restock shelves of school supplies at a Wal-Mart Stores location in Burbank, California, U.S. Bloomberg | Bloomberg | Getty Images Amazon, Walmart, Target and McDonald’s are among the companies now offering various ways for their employees to obtain an......

Target expects its staff to work 5 million more hours this holiday season

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CNBC – For more and to sign up click here Target said Thursday that it is taking a different staffing approach this holiday season as it gears up for a rush of shoppers at stores and on its website: It will trim back seasonal hires and give more hours to......

Large employers launch telemedicine program to tackle Black health disparities

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CNBC – For more and to sign up click here A patient at Walmart Health Source: Walmart Walmart, the nation’s largest employer, is joining with telemedicine firm Grand Rounds and Doctor on Demand to launch a targeted program to tackle health disparities among African American workers. “We have nearly 300,000......

Why digital retail darlings Warby Parker and Allbirds are betting big on stores to grow ahead of public debuts

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CNBC – For more and to sign up click here A Warby Parker’s store in The Standard, Los Angeles, California. Michael Buckner | Getty Images Retail darlings Warby Parker and Allbirds launched on the internet and paved the way for other brands to follow their playbooks and hope for similar......

Fewer deals and shipping delays: Here are some early predictions for the holiday season

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CNBC – For more and to sign up click here A person wears a face mask while carrying shopping bags in Columbus Circle on November 28, 2020 in New York City. Noam Galai | Getty Images Shoppers have shown an eagerness to spend on new clothes, electronics and jewelry, in......

Walmart hikes hourly pay by $1 for more than 550,000 workers ahead of the holidays

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CNBC – For more and to sign up click here Florida, Miami, Walmart discount department store, check out lines. Jeff Greenberg | Universal Images Group | Getty Images Walmart said Thursday that it is raising the hourly wages for more than 565,000 store workers by at least $1, as the......

Many companies are offering generous tuition assistance so workers can go back to college

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CNBC – For more and to sign up click here Since the start of the pandemic, some workers have had to put their higher education goals on hold. Now, more companies are trying to help revive those college aspirations. Target and Walmart recently announced tuition reimbursement programs to help employees with the......

Walmart aims to hire 20,000 supply chain employees as it ramps up for the holiday season

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CNBC – For more and to sign up click here A shopper loads items into a vehicle outside a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart said Wednesday it plans to hire 20,000 employees to help......

Amazon’s biggest, hardest-to-solve ESG issue may be its own workers

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CNBC – For more and to sign up click here Amazon warehouse working conditions and worker injuries have been a constant source of tension between the corporate giant and its critics. A new safety and wellness program is rolling out to all U.S. sites by year-end as Jeff Bezos’s company......

Top Wall Street analysts think these stocks still have major upside after earnings

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CNBC – For more and to sign up click here A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the year progresses, the vast majority of companies have already posted their latest quarterly results.......

Dick’s Sporting Goods, other retailers crack code of driving up profits

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CNBC – For more and to sign up click here Dick’s Sporting Goods CEO Lauren Hobart said Wednesday that the company is not only selling more golf clubs and activewear — it has found a formula for driving up profits, even as shoppers buy more online. Hobart’s comments tapped a......

Kohl’s CEO says rumored Amazon department stores won’t ruin its relationship with the e-commerce giant

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CNBC – For more and to sign up click here Kohl’s Chief Executive Officer Michelle Gass Source: Kohl’s Kohl’s Chief Executive Michelle Gass said there is plenty of room for the retailer and for Amazon to operate brick-and-mortar stores. “Retail is vast, and there’s a lot of market to be......

Target to add more than 100 Disney shops to stores as holiday season approaches

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CNBC – For more and to sign up click here A child holds a Walt Disney Co. Pixar Cars brand toy at a Target Corp. store in Chicago. Daniel Acker | Bloomberg | Getty Images Target said Monday that it will roughly triple the number of Disney shops within its......

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