Target Aktie News

Wall Street analysts suggested the worst was still yet to come for Target. Molson, Amazon, Meta and GM are also trimming staff.

Target Corp (NYSE:TGT) late Thursday revealed that it is eliminating 1,800 jobs across its organization, representing about 8% of its corporate workforce.  The layoffs, which are largest round at the retailer in a decade, are part of Target's efforts to streamline decision-making and speed up initiatives to rebuild its customer base.

Yesterday, Target Corporation announced news that no one wants to hear—especially just before the holidays.

Struggling retail stock Target Corp (NYSE:TGT) is trading up 1.2% to trade at $95.42, after the company announced plans to layoff 1,800 corporate employees, or 8% of its workforce.

Inflation remained elevated in September as the BLS released the delayed consumer price index inflation report, as Fed policymakers are set to weigh interest rate cuts next week.

The plant-based meat producer plans to book a charge in the latest quarter related to certain assets, though revenue for the period is set to be in line with the company's target.

President Donald Trump said he ended all U.S. trade negotiations with Canada. After a nine-day delay, the Bureau of Labor Statistics will release September's CPI report.

Alaska Airlines (ALK) restored operations after an IT outage grounded all flights, canceling over 220 and postponing its Q3 2025 earnings call. Target (TGT) is cutting 1,800 corporate positions, about 8% of its global team, to streamline operations and boost agility.