4 charts explain why Target and other retailers are leaving some big ...
Oct 12, 2023 · Target is closing nine stores in four metropolitan areas: the San Francisco Bay Area, Portland, Seattle, and New York.
Target rolled back DEI efforts. A boycott ensued - CNN International
Apr 21, 2025 · For 10 consecutive weeks, foot traffic at Target stores has declined — down 9% year-over-year in February and 6.5% year-over-year in March, according to data from analytics firm …
Target citing crime for closing stores shows retailers are ... - CNN
Sep 27, 2023 · Target’s decision to close nine of its stores in major cities, citing persistent large-scale theft at those locations, is the latest signal that retailers may be struggling in their battle to ...
Residents alarmed as shoplifting incidents trigger store ... - CNN
Sep 30, 2023 · Target this week cited large-scale theft and safety concerns for employees and customers for its decision to close nine stores in New York, San Francisco, Seattle and Portand.
Target may have hit rock bottom | CNN Business
Nov 19, 2025 · Target’s problems are intensifying. In the latest signal of trouble, the company reported sales dropped during its latest quarter, and Target cut its full-year profit guidance Wednesday. The ...
Target is the latest company to roll back some DEI programs
Jan 24, 2025 · Target is joining a wave of US companies pulling back on diversity, equity and inclusion (DEI) initiatives, as right-wing pressure leads companies to alter their commitment to hiring diverse ...
Business community speaks out after Target blames crime for store ...
Sep 28, 2023 · “No store should have to close because of theft.” Target sent shock waves through the industry on Tuesday by saying it will close nine stores across four states due to large-scale theft.
Target’s brand new CEO faces a sales slump and turmoil in Minneapolis
Feb 2, 2026 · Target’s business is in a slump, competition is bearing down and its hometown of Minneapolis is in crisis from massive federal immigration operations.
CVS will close some Target pharmacy locations - CNN
Jan 11, 2024 · CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday.
Target’s CEO is stepping down as customers turn away - CNN
Aug 20, 2025 · The following year, Cornell was named CNN Business’ CEO of the Year for leading a turnaround at Target. The company thrived at a time when many brick-and-mortar stores were closing.