WCCO EYE4 LOGO WCCO Radio wcco-eye-green01, ww color green

Target

(credit: CBS)

Target’s Final Tally Shows Dissent Against Board

Target Corp.’s final shareholder vote tally is showing some dissent against key board members. All 10 nominees were elected to the board Wednesday at the discounter’s annual shareholders’ meeting.

06/13/2014

(credit: CBS)

News Click: Target Liquor Sales

06/11/2014

(credit: CBS)

Target Shareholders Approve All 10 Board Nominees

Target says its shareholders approved all 10 nominees to the company’s board of directors despite recommendations from a prominent proxy advisory firm to get rid of the majority in the wake of a data breach. Institutional Shareholder Services last month targeted those members who serve on the company’s audit and corporate responsibility committee.

06/11/2014

(credit: CBS)

Mom Group Protests Target’s Gun Policy

Several protests are happening right now across the country outside Target stores. A group of moms is calling for the retail giant to ban open carry of guns in its nearly 1,800 stores nationwide.

06/11/2014

(credit: CBS)

Target Names Chief Information Security Officer

Target Corp. has named Brad Maiorino as chief information security officer as the company overhauls its security department in the wake of a massive data breach. The nation’s third-largest retailer, based in Minneapolis, said Tuesday that Maiorino will join the company Monday and be responsible for the company’s information security and technology risk strategy.

06/10/2014

(credit: Bill Pugliano/Getty Images)

Moms Want Target To Adopt Open Carry Policy

A national gun safety organization has set its sights on Minneapolis-based Target to stop gun-rights demonstrations in their stores. The group Moms Demand Action for Gun Sense launched a petition on Wednesday. They’re asking Target’s interim CEO John Mulligan to establish a policy to prohibit people from openly carrying guns in their stores.

06/04/2014

(credit: CBS)

ISS Seeks Ouster Of Most Of Target’s Board

A prominent proxy advisory firm is recommending that Target shareholders vote out seven of its 10 board members after a massive data breach. Institutional Shareholder Services on Wednesday targeted those members who serve on the company’s audit and corporate responsibility committee.

05/28/2014

(credit: Tom Pennington/Getty Images)

Weak Electronics Sales Pressure Best Buy

Is America’s love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren’t shelling out for consumer electronics.

05/22/2014

(credit: Justin Sullivan/Getty Images)

Target 1Q Profit Falls 16 Percent As Breach Takes Toll

Target cut its annual profit outlook Wednesday and said its first-quarter earnings fell 16 percent as it took another hit from a massive customer data breach and a troubled expansion in Canada.

05/21/2014

(credit: Joe Raedle/Getty Images)

Target Faces Identity Crisis

Target is having an identity crisis. The nation’s third largest retailer was once high-flying, but now it’s struggling to find its place in the minds of American shoppers. Once known for its cheap chic fashions, Target faces competition from trendy chains like H&M.

05/20/2014

Mark Schindele (credit: Target)

Target Fires President Of Canadian Operations

Target has fired the president of its troubled Canadian operations, Tony Fisher, and is replacing him with a 15-year U.S. company veteran. The executive shakeup in Canada comes two weeks after the abrupt resignation of Target’s CEO and Chairman Gregg Steinhafel.

05/20/2014

(credit: Target)

Target Ex-CEO’s Pay Fell 35 Percent In Final Year

Former Target CEO Gregg Steinhafel’s total pay fell 35 percent to $13 million in his last year at the helm as the company’s board revamped compensation plans amid complaints from shareholders that he was paid too much, according to a regulatory filing.

05/19/2014

(credit: CBS)

Target Names Interim CEO

Earlier this week Target’s CEO Gregg Steinhafel stepped down after the massive data breach that occurred last fall. Target named an interim CEO, John Mulligan, a Wisconsin native and University of Minnesota alumnus. Mulligan graduated from Regis High School in Eau Claire in 1983.

05/10/2014

(credit: KEYE TV/the Williamson County Sheriff's Office.)

Target Says Man Used Fraudulent Card In Texas

Central Texas police have arrested a man accused of using a fraudulent credit card at a Target department store.

05/07/2014

(credit: Jupiter Images)

Good Question: Why Do We Pay CEOs So Much To Leave?

It’s not yet clear exactly how much newly resigned Target CEO Gregg Steinhafel stands to make from his severance package, but analysts say it could be anywhere from $9 million to $55 million. Target is expected to release its latest proxy statement this month.

05/05/2014

more

previous

Follow

Get every new post delivered to your Inbox.

Join 1,860 other followers