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Latest TGT News From Around the Web
Below are the latest news stories about Target Corp that investors may wish to consider to help them evaluate TGT as an investment opportunity.
Retailers already hit by the coronavirus pandemic shuttered stores nationwide over the weekend as protests over the death of George Floyd turned violent and included looting in many U.S. cities.Target (TGT), Walmart (WMT), Apple (AAPL), Nike (NKE), Nordstrom (JWN) and Whole Foods (AMZN) closed hundreds of locations and adjusted store...
Amazon.com Inc scaled back deliveries and adjusted routes in cities including Chicago and Los Angeles, Apple kept some outlets shut, while Target Corp extended store closures nationwide after the death of George Floyd sparked demonstrations across the country.
The death of George Floyd has sparked national outrage, with protests both peaceful and violent taking place in major American cities. Those feelings boiled over on May 25, the day Floyd, a 46-year-old black man, died in Minneapolis, Minnesota, after a police officer held Floyd down by the neck with his knee. Among the protests over the past week, many big and small businesses have been ransacked, with busted windows, stolen inventory and some storefronts even set on fire. In the corporate world, Target Corporation (NYSE: TGT ) has taken center stage. What Happened To George Floyd? On May 25, Floyd was arrested on the south side of Minneapolis for reportedly trying to use a fake $20 bill at a local deli. Officer Derek Chauvin, flanked by three other officers, pinned Floyd down by his ne...
Target and CVS said Sunday that they are temporarily closing certain locations, including some that were damaged during protests over the death of George Floyd in Minneapolis last week.
Two retailers that have largely held up better than most of their peers during the pandemic confront a new challenge.
(Bloomberg) -- Amazon.com Inc. scaled back deliveries and adjusted routes in cities including Chicago and Los Angeles, Apple kept some outlets shut, while Target Corp. extended store closures nationwide after the death of George Floyd sparked demonstrations across the country.“We are monitoring the situation closely and in a handful of cities we adjusted routes or scaled back typical operations to ensure the safety of our teams,” an Amazon spokeswoman told Bloomberg News.Apple had reopened about 130 of its about 270 stores following the coronavirus pandemic, and most of them were closed on Sunday, the company said in a statement.Protests around the country are complicating operations for companies from Amazon, which has been one of the few consumer-facing companies to generate new busin...
Retail giant Target shuttered stores across the U.S. as retailers already reeling from closures due to the coronavirus pandemic shut stores amid protests that included looting in many U.S. cities on Sunday. Protests turned violent in places including New York and Chicago in the wake of the death in Minneapolis of a black man, George Floyd, seen on video gasping for breath as a white police officer knelt on his neck. In the nearby Grove Shopping Center, which houses 51 upscale stores, Nordstrom, Ray Ban and Apple were broken into.
Target takes steps to protect its workers and shoppers during the civil unrest sweeping the United States.
• (AMZN) is altering its operations in a “handful of cities,” as protesters continue to demonstrate against police violence across the country, Bloomberg reported. The online retailer is reducing deliveries and shipping routes in cities such as Chicago, Los Angeles and Portland. “We are a community in pain,” Chairman and CEO Brian Cornell said in a statement.
Hormel says the value of products like Spam and Skippy peanut butter rose alongside unemployment rate
Hormel reported a rise in sales as consumers snapped up products like Spam and Skippy during coronavirus lockdowns.