Target

Target to Give Workers Pay Raises, Bonuses, and Paid Leave During Coronavirus Pandemic

Target will give its employees wage increases, bonuses, and paid leave to help them through the Chinese coronavirus pandemic, the company said Friday. “We continue to experience incredible demand across our business, and Target’s ability to help our guests in this unprecedented time would not be possible without the strength of our team,” Target CEO Brian Cornell stated. The press release continued: ” In recognition of the significant contributions its frontline team members are playing during an incredible time of need, Target (NYSE: TGT) today announced it is raising its industry-leading pay by $2 an hour until at least May 2. In addition, effective immediately, Target is offering a new option for all team members who are 65 or older, pregnant or those with underlying medical conditions to access paid leave. Target’s latest investments include bonuses it is paying out to frontline team members, including, for the first time, bonuses for 20,000 hourly store team leads who manage individual departments in its stores across the country.” In addition, the company will also donate $1 million to the Target Team Member Giving Fund whose purpose is to help employees affected by unforeseen difficulties. “Established in 2018, the fund has supported hundreds of team members year-round through times of hardship, and Target will match up to an additional $1 million in contributions from fellow team members who seek to assist their colleagues in need,” the release continued. Tuesday, the company announced it would reduce store hours and close by 9 p.m. every day to give employees more time to stock shelves and deep clean facilities. “We’ll also reserve the first hour of shopping each Wednesday to support vulnerable guests, including the elderly and those with underlying health concerns,” the article read. The Chinese coronavirus pandemic has caused claims for state unemployment benefits to jump from 70,000 to 281,000, the highest number since September 2017, according to the Department of Labor. However, Target’s goal is to protect its employees’ livelihoods by implementing the pay increases and bonuses for the time being. “Increasing their compensation for a job incredibly well done and ensuring continued compensation for those who need to care for themselves and their families is a reflection of our company’s values and simply the right thing to do,” Cornell said.

Target is really stepping up and going above and beyond for its employees.  Great job Target!!    🙂

Target reducing store hours, reserving Wednesday mornings for vulnerable customers to shop

Target has revealed new store policies as the coronavirus outbreak continues. Target will start reducing store hours beginning Wednesday, with all stores closing by 9 p.m. daily. The major retail chain said this will allow employees to replenish items and deeply clean the facilities. In addition to closing the store earlier, Target will reserve the first hour of Wednesday mornings for vulnerable guests – including elderly customers and those with underlying health concerns – a letter from CEO Brian Cornell shared. The letter shared Target would be “fast-tracking the flow” of high-demand products and begin product limits for highest demand merchandise, and “respectfully ask[ing] all guests to consider their immediate needs and purchase accordingly.” Earlier, the chain announced it would be adding more staffing for services that support social distancing, like drive-up and pickup orders, which are still being offered. Target’s move comes a day after Costco adopted a similar policy in response to the growing outbreak. Costco announced Tuesday that it would begin limiting the number of customers allowed in the store at one time, as well as limiting the amount of in-demand items one person could purchase.

Great job Target!!  For more, click on the text above.     🙂

Michigan women accused of stealing at Target during ‘Shop with a Cop’ event

 

Criminal masterminds they are not. Two Michigan women have been accused of stealing from a Target store that was filled with police at the time for a “Shop with a Cop” event. Keiana Wilson, 40, of Burton, Mich. and Dana Johnson, 18, of Flint, Mich., were arrested on “felony retail fraud charges,” WXYZ reported. On Wednesday, the Bloomfield Township Police Department along with Sylvan Lake, Keego Harbor and Orchard Lake police departments hosted a “Shop with a Cop” event at a Target in Bloomfield Township. Some 15 officers were at the store helping disadvantaged children choose a gift for their family members when the two women were seen by the store’s security officers loading a cart filled with $1,900 worth of electronics, the Detroit Free Press reported. The women allegedly walked out of the store with the cart without paying but did not make it too far. “The loss prevention (officers) actually apprehended them, then they asked for police assistance,” Sylvan Lake Police Sgt. Michael Mondeau said. “The police officers were only about 20 feet away when they tried to walk out of the store.” Bloomfield Township Police Sgt. Dan Brown said the women were aware the officers were at the store at the time because Johnson complimented an officer on their generosity. The Keego Harbor Police Department posted about the event on Facebook and mentioned the women accused of stealing in a tongue-in-cheek reference. “On a side note, there must have been a special episode of ‘Dumb Criminal Minds’ being filmed live as a person tried to shoplift a bunch of electronics right in front of about 10 cops,” the Facebook post read. “They didn’t get far. DON’T TAKE WHAT IS NOT YOURS, it’s a simple rule that everyone should abide by and the world would be a better place.” The two women were arraigned and bond was set at $250,000 for Johnson and $20,000 for Wilson.

You really can’t make this stuff up, folks…

Target CEO raves about the state of the economy: This is the best consumer environment ‘I’ve seen in my career’

Consumer spending is back and has never been better as far as Target CEO Brian Cornell is concerned. “There’s no doubt that, like others, we’re currently benefiting from a very strong consumer environment — perhaps the strongest I’ve seen in my career,” Cornell told analysts on a call Wednesday. The retailer’s shares are surging after reporting fiscal second-quarter results that beat on earnings, revenue and comparable store sales. Just when many investors have written off brick-and-mortar retailers in the era of Amazon, Target is seeing a huge jump in foot traffic. “We’re seeing a great consumer response … unprecedented traffic. As we go back and look, we’ve never seen traffic growth like this,” Cornell said Wednesday morning on CNBC’s “Squawk Box.” The big-box retailer also said digital sales skyrocketed more than 40 percent during the second quarter, as it’s been investing in adding more items to its website and adding more delivery options for online orders. Building on that momentum, Target raised its earnings outlook for the full year. Its shares climbed more than 5.5 percent in early trading on the news, hitting an all-time intraday high of $88.89. Target has been focused on reinvesting in its business ever since it laid out a strategy at the start of last year to pour $7 billion into expanding its e-commerce platform, bulking up its lineup of in-house brands, opening new small-format stores and remodeling existing locations. Cornell said those investments appear to be paying off, with Target on Wednesday reporting its strongest same-store sales growth in 13 years. “On any given day, 90 percent of retail sales are done in physical stores,” the CEO said. A healthy U.S. economy, rebounding consumer confidence and record low unemployment is also benefiting Walmart. It reported earnings last week that also topped analysts’ expectations, driving Walmart shares up more than 9 percent in one day. “I think what you’re seeing right now from a macro basis is well-run retailers with strong balance sheets that generate cash … are winning right now,” Target’s Cornell told analysts and investors. “And there’s obviously others right now that can’t afford to invest in their store experience, or build capabilities or drive differentiation. And they’re giving up share. So there’s clearly winners and losers. We certainly think we’re migrating to the winners column.”

Indeed!!  Target is definitely make aggressive moves and it’s paying off.  Excellent!!    🙂

Transgender woman arrested in voyeurism incident at Idaho Target

An Idaho man who told police he identifies as a woman was arrested Tuesday after allegedly taking photos of a woman in a Target fitting room, officials said. Sean Patrick Smith, 43, was allegedly dressed in women’s clothing when he entered the fitting room in the women’s section of the store in Ammon on Monday, East Idaho News reported. Smith, also known as Shauna Patricia Smith, then began taking pictures of a woman in the changing stall next to him, police said. “The woman was begging for help as she chased the man out the door,” a witness told East Idaho News. “She kept saying she wanted those pictures deleted.” Detectives found Smith on Tuesday and charged him with one felony count of voyeurism. He was booked into the Bonneville County Jail and was set to make a court appearance Wednesday.

And it begins…

Target to cut jobs as part of $2B cost-savings plan

Target’s chief executive, Brian Cornell, said Tuesday the retailer will cut several thousand jobs within the next two years as part of a $2 billion cost-savings plan. The Minneapolis-based company also announced 2015 guidance of $4.45 to $4.65 adjusted earnings per share. Wall Street expected Target’s guidance at $4.50 adjusted earnings per share. Target also expects digital sales to increase 40 percent and same-store sales between 1.5 and 2.5 percent, with modest improvement in gross margins and expense rates. It projects overall 2015 sales to grow between 2 and 3 percent. The company’s stock closed at $78, or up 0.41 percent.

I know what you’re thinking…probably the same thing I’m thinking..   I hope they don’t close MY Target!  The one I go to is a mile from my home.  Target is also closing most of its stores up north in Canada.  Hope that that doesn’t happen here!  We’ll keep an eye on this one..

Target’s use of white models for ‘Annie’ clothing line sparks controversy

Target is facing backlash after using white girls to model a new clothing line mirrored after Will Gluck’s 2014 version of “Annie,” played by black actress Quvenzhané Wallis.

Seriously?  The race Nazis, and pc police are on a roll here…and showing how foolish they really are.  Newsflash.. The online adds for Target have both black AND white girls modeling these outfits.  No harm, no foul.  Case closed.

As an aside, and as a matter of historical record, last I checked.. the original “Annie” (dating back to the real life girl on whom the 1885 poem was originally written..and where this all started) including the comic strip dating back to the 1920s, the 1977 musical, the 1982 movie and the 1999 remake..were all white girls.  So, what?  Now the latest version of “Annie” has a black girl, so the first 125+ years of “Annie” history has to be erased?  Is that where we are now?  Stories like this drive me nuts.  Some people have nothing better to do than play the race card and the victimization card.  Think I’ll go do some shopping at Target..

Why that massive Target hack was good for consumers – and what you need to do to stay safe

Why that massive Target hack was good for consumers – and what you need to do to stay safe

I was actually AT Target last night after 9pm.  This is an excellent article.  And it backs up what I’ve been saying all along.  Yeah, this happened at Target (as well as several other retailers), and it was bad.  BUT, there are some positive things coming as a result.  Anyway, a good read…and some good advice.