target corp (TGT) Key Developments
Target Corp. Lays Off 100 Administrative Assistants and Cuts 40 Open Jobs from its Minneapolis Headquarters
Apr 30 15
Target Corp. laid off 100 administrative assistants and eliminated another 40 open positions from its Minneapolis headquarters. Target said it is restructuring its administrative support model to reduce its workforce and 'drive efficiencies.' Laid-off employees will get minimum of 15 weeks of pay and more severance based on years of service. Target will keep paying its portion of benefits for six months.
Target Corporation to Invest Distribution Operation in the City of Suffolk
Apr 29 15
Target Corporation will invest approximately $50 million to expand its distribution operation in the City of Suffolk, creating hundreds of new jobs.
Metro Seeks To Acquire Target Store
Apr 23 15
METRO AG (DB:MEO) is looking to acquire stores of Target Corp. (NYSE:TGT) which are up for sale in Canada. Metro Chief Executive Officer Eric La Fleche said "There are a few of those stores that could be of interest to us down the road if they become available."
Target Seeks Acquisitions
Apr 23 15
Target Corp. (NYSE:TGT) Managing Director Navneet Kapoor said, "We will invest in (start-ups) if they are looking for dollars. We haven't made an acquisition here yet, but we continue to work with them in some way or the other. I won't be surprised if in the next, say, one year or so, we would have something substantial coming out of India."
Life Time Fitness and Target to Launch Exclusive “C9 Challenge” Group Fitness Class
Apr 16 15
Life Time and Target announced the launch of “C9 Challenge,” an Group Fitness class that also highlights C9 Champion, Target’s exclusive activewear line for men, women and kids. Developed in collaboration with Life Time experts and Target’s C9 Champion brand ambassador Adam Rosante. Each C9 Challenge class will begin with a dynamic warm up, followed by three fitness blocks focused on upper body (chest, back, shoulders, biceps, triceps), lower body (quadriceps, hamstrings, glutes) and core, followed by a one minute cardio burst to drive the heart up and ensure a metabolic after burn. In addition to the exclusive C9 Challenge class, C9 Champion will be integrated throughout Life Time destinations in a variety of ways including in-club video and signage, surprise and delight moments for those taking the class, and sneak peeks at new products.