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Disney Shuttering at Least 20% of Disney Stores as It Shifts Focus to E-Commerce
Disney is closing 20% of its brick-and-mortar Disney Stores before the end of the year as it shifts more focus to its e-commerce business.
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Target to Invest $4 Billion to Speed Along New Stores and Remodels, Expand Ability to Fill Online Orders
The retailer told investors and analysts that it has room to run, despite significant market share gains and sales growth during the pandemic.
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Best Buy Is Speeding Changes to Adapt to a Post-Pandemic Consumer: Smaller—and Fewer—Stores Ahead
The retailer is reducing its headcount, testing smaller stores and evaluating the size of its store footprint across the country.
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Target Stock Rallies, and Two Bulls Share Why the Run Will Continue
As Target tops $1 billion in sales for its activewear brand, two bulls share why the stock hits the mark.
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Target to Give Employees Bonuses After Strong Holiday Season, Extends COVID-Related Benefits
Target said it will give $500 bonuses to all hourly workers and $1,000 to $2,000 bonuses to those in leadership roles.
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Target Announces Stores Will Close Thanksgiving Day 2021
Target announced to start the new year that stores will be closed on Thanksgiving Day 2021 after a reimagiend holiday season amid the pandemic.
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Apple Names Former Newspaper Editor Monica Lozano to the Board
Lozano also serves on the boards of Target and Bank of America.
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Target Recalls Infant Clothes Over Injury Concerns
Target is recalling about 180,000 infant swimsuits and 300,000 infant rompers over concerns that they could pose an injury or choking hazard.
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Four Dividend Stocks Could Be Best Bets, According to Two Market Analysts
In the hunt for yield, Matt Maley of Miller Tabak and Delano Saporu of New Street Advisors share their top dividend-paying plays.
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Amazon Gives Front-Line Workers a $300 Holiday Bonus
Full-time operations employees will receive a $300 bonus, while part-time workers will get a $150 bonus.
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Wish Releases Its Filing to Go Public, Shows Slow Growth and Steady Losses
Wish’s parent company, ContextLogic, plans to list its shares on the Nasdaq under the symbol WISH.
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Protests Force Target, CVS and Walmart to Close Some Stores
Target is temporarily closing 105 stores in 10 states after several were broken into during the recent protests over the death of George Floyd in Minneapolis last week.
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Target CEO on Nationwide Protests: ‘We Are a Community in Pain'
Among the unrest across the country this week over the disturbing video showing a Minneapolis police officer kneeling on George Floyd’s neck was the looting of Target stores.
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Toxic Metal Cadmium Found in National Chain Stores' Jewelry
Jewelry with the toxic metal cadmium is showing up on the shelves of national retailers including Ross, Nordstrom Rack and Papaya, according to newly released test results. Analysis done for the nonprofit Center for Environmental Health revealed some jewelry sold with women’s dresses and shirts was nearly pure cadmium, which can cause cancer and reproductive harm after prolonged exposure. Consumer...
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Levi's, Yelp Join Coalition Pledging Not to Discriminate
Levi Strauss, Yelp and Lyft are leading a coalition of 1,200 businesses and cities that are pledging not to discriminate against employees or customers based on race, sexual orientation, or other characteristics. Normally, making a promise to serve every customer might seem like a no-brainer. But the Open to All coalition is launching in a highly charged atmosphere, with florists...
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Target Settles Suit Claiming its Hiring System Discriminated
Target has agreed to settle a lawsuit that said its hiring process, which automatically rejected people with criminal backgrounds, disproportionately kept blacks and Hispanics from getting entry-level jobs at its stores. As part of the settlement, Target will pay more than $3.7 million and will hire outside experts to review how it deals with applicants who have criminal backgrounds. According...
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Target Increases Minimum Hourly Pay for Second Time in Months
Target is increasing the minimum hourly pay to $12 starting this spring, the second increase in a matter of months, while accelerating its reinvention plan to make the discounter more competitive in the age of Amazon.
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Target Increases Minimum Hourly Pay
Target is increasing the minimum hourly pay to $12 starting this spring, the second increase in a matter of months, while accelerating its reinvention plan to make the discounter more competitive in the age of Amazon.
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Target to Boost Its Minimum Wage to $15 by 2020's End
Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020 in a move it says will help it better recruit and retain top-quality staff and provide a better shopping experience for its customers. The initiative, announced Monday, is part of the discounter’s overall strategy to...
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Target Bumps Up Holiday Hiring By 40 Percent This Year
Target is hiring 100,000 people to work during the hectic holiday shopping season, up 40 percent from last year. The retailer said Wednesday that the seasonal hires, an increase of 30,000 workers from the 70,000 people it hired last year, will stock shelves at its more than 1,800 stores or fulfill online orders that customers pick up in stores. In...