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Target Shares Edge Lower As Company's Canadian President Is Replaced
Tuesday, May 20, 2014 - 11:10am | 156Target (NYSE: TGT) shares are trading down as much as 1.61 percent ($57.36) Tuesday morning, in reaction to the news that the company has fired the president of Canadian operations. Target Canada President Tony Fisher will be replaced by Senior Vice President of Merchandising Mark Schindele,...
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Gregg Steinhafel Steps Down As CEO Of Target
Monday, May 5, 2014 - 8:58am | 334It was announced Monday morning that Gregg Steinhafel will step down as Chairman, President and CEO of Target (NYSE: TGT). CFO John Mulligan will take the role of interim CEO as the company looks for a new executive and Roxanne Austin will replace Steinhafel as chairman. Steinhafel had been...
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Target's Positive Quarterly Results Catch Some Investors Off-Guard
Wednesday, February 26, 2014 - 4:40pm | 608On Wednesday, Target (NYSE: TGT) reported its fourth quarter results. Investor sentiment was generally low. After all, the company is still in crisis mode: dealing with a massive data breach and word that its recent expansion to Canada is off to a poor start. Target's results may have caught...
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Wal-Mart Sets Its Eyes On Winning The Canadian Market
Tuesday, February 4, 2014 - 5:10pm | 343Wal-Mart (NYSE: WMT) on Tuesday said that it will invest around C$500 million ($450 million) in 35 new supercenters between now and next January, Reuters reported. Wal-Mart's investment will improve its distribution network and e-commerce projects, while creating 7,500 jobs across the country. Wal...
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Target Facing Problems Across Canada
Wednesday, January 22, 2014 - 3:52pm | 829Target (NYSE: TGT) has received its fair share of attention over the past few weeks because of its data breach that affected over 70 million American customers. Flying a bit under the radar is the company's recent expansion to Canada, which is off to a bumpy start. Target opened its first...
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Target Reacts to Underwhelming Canadian Rollout
Thursday, October 31, 2013 - 2:51pm | 591The Toronto Star reported Wednesday that after a self-admitted “underwhelming” rollout in Canada, Target (NYSE: TGT) said it planned to spend the next year trying to change the shopping habits of customers north of the border to more closely match those of its U.S. neighbors. Specifically, what...