Tags: Target

CVS Health to buy Target's pharmacy business for $1.9 billion

Drugstore operator CVS Health Corp (CVS.N) will buy Target Corp's (TGT.N) pharmacies and clinics in a $1.9 billion deal that should help it bargain with drug makers for lower prices, while freeing Target from a costly business where it struggled to make a profit.


Target first quarter profit tops estimates on healthy sales growth

Target Corp (TGT.N) on Wednesday reported a larger-than-expected increase in first-quarter profit as revenues got a boost from online sales and a program to narrow its product focus.

Target to lift minimum wage to $9 an hour, matching rivals

Target Corp (TGT.N) next month will raise the minimum wage for all of its workers to $9 an hour, matching moves made by rivals including Wal-Mart Stores Inc (WMT.N) and TJX Cos (TJX.N), a source familiar with the matter said.

Target pressured on wages by group with focus but little to spend

With shallow pockets but a deep commitment to promote "living wages", women's advocacy group UltraViolet has peppered Target Corp (TGT.N) with cheap location-focused online ads, challenging it to match Wal-Mart Stores Inc's (WMT.N) promise of $10-an-hour base pay.


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For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon
Despite a disappointing Thanksgiving weekend, U.S. holiday sales may squeak by expectations if steeper and longer-running discounts lure enough shoppers.
If you still have Disney's Frozen Castle and Ice Palace Playset on your holiday gift list this year, you may already be out of luck. With Christmas approaching, the $119 toy - made by Mattel Inc - is sold out. Of course, you can find it at resellers for about $225 and even as high as $700 on eBay.
A German entrepreneur has invented an in-home machine that quickly turns raw beans into a freshly brewed cup of coffee, racking up 5,000 pre-orders as consumers search for the perfect brew and retailers hunt for new ways tap the coffee market.
U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest day of the year for Internet shopping.
Early holiday promotions and rising online shopping took a toll on in-store U.S. sales during the Thanksgiving weekend as shoppers on average spent 6.4 percent less than they did a year earlier, according to data released Sunday by an industry group.
Target Corp (TGT.N) on Wednesday reported its first increase in U.S. same-store sales in four quarters and a quarterly profit above expectations, but said it would review the future of its loss-making Canadian business after the holiday season.
Who is Alex from Target? Apparently he is now Ellen's latest prodigy and friend, as reflected in her Twitter updates. The viral Target employee has captured the interest of the talk show host.
Dollar General Corp (DG.N) extended its tender offer for shares of Family Dollar Stores Inc (FDO.N) to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc (DLTR.O).
Amazon has reportedly turned to dirty browbeating amid a contract battle with top publisher Hachette. The internet retailer has subjected many books from Hachette to artificial purchase delays, suspended pre-orders of new titles, increased prices and stopped re-stocking existing ones.
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