Tourism

Target Shares Deals as Retailers Prepare for Black Friday

Target reveals its doorbuster deals, a Mpls.St.Paul magazine editor shares events that begin even before midnight on Black Friday, and the anti-Black Friday movement appears to have picked up steam, although stores are set to open earlier than ever this year.

More Retailers Cut Ties with Sparboe Farms

After an undercover video depicting animal abuse at Sparboe Farms prompted Target and McDonald's to cut ties with it, Lunds and Sam's Club have reportedly also pulled the farm's eggs from their stores.

Christopher & Banks to Cut 800 to 1,000 Jobs

The clothing retailer, which reported a net loss in four of the last five quarters, plans to close 100 stores, make significant cuts to its work force, and restructure some of its existing operations by consolidating multiple brands into dual-format stores.

With Holidays Approaching, Target Sees Sales Growth

With the holiday shopping season right around the corner, Target reported that its year-over-year, same-store sales growth in October was almost double that experienced between October 2009 and 2010; still, the results fell short of analysts' expectations.

Advisory Firm Sides with Activist Investor; Regis Protests

Institutional Shareholder Services has recommended that Regis shareholders vote in favor of Starboard Value's board nominees-but Regis says "the firm reached the wrong conclusion," and "this is not the time to disrupt the execution of the changes that are under way at Regis."

Target’s Online President Exits After Web Site Crash

Steve Eastman is the second Target executive to leave the company this month. His exit was announced the same day that the retailer's new e-commerce site crashed-although the company has said that the departure wasn't related to performance.

Regis, Activist Investor Trade Harsh Words

Shortly after Regis announced a series of strategic changes, the company and one of its largest shareholders-which believes the changes fall short-are exchanging harsh criticisms ahead of an upcoming shareholder meeting.
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