8:20am ET
Retail
Target CEO Sacked
Target sacked Gregg Steinhafel, its CEO/president/chairman, and there should be little doubt about why: the massive data breach that hit the company just before the holiday season.
Paul Ausick
Companies
/Consumer Defensive
Target Corp
$156.26
▼ $2.76 (−1.74%) today
Markets closed · 9:39pm ET
TGT Coverage
Page 45 Paul Ausick 12:40pm ET
Special Report
America’s Most Popular Stores
courtesy of Starbucks Corp.America’s most visited stores are popular for a variety of reasons. According to data provided by Placed, a consumer habits data service provider that monitors behavior of more than…
12:05pm ET
Retail
Inflation Evidence Grows in Retail: Walmart vs. Target, and Others
ThinkstockWith all the funny money printed and quantitative easing measures after the recession, it has been amazing that the cost of goods has not risen through the roof. In fact, it has…
1:20pm ET
Retail
How Target Is Trying to Fend Off Amazon
Target isn't about to let Amazon.com keep nibbling away its market share, not without fighting back. So, the retailer announced Thursday it will vastly expand the goods available to order by subscription.
10:10am ET
Investing
Merrill Lynch’s Top Investing Ideas for the Second Quarter
Wikimedia CommonsAfter a very volatile first quarter of the this year that saw a 6% drop in late January only to be erased by a quick 8% gain, investors are looking to…
7:50am ET
Retail
Walmart Sues Visa — More Suits to Come
The world's largest retailer filed suit with the federal court in western Arkansas, claiming that credit card company Visa charged excessive card swipe fees. Is MasterCard next?
10:19am ET
Technology
Microsoft Stock at 14-Year High
MicrosoftIt didn’t take very long for Microsoft Corp. (NASDAQ: MSFT) to erase the $100 price premium it charged for the new Xbox One compared with Sony Corp.’s (NYSE: SNE) PlayStation 4. All…
9:01am ET
Technology
With Symantec a Mess, Four Data Security Leaders to Watch
Shares of Symantec tanked Friday after the company said it had ousted its chief executive officer. But its woes highlight the emergence of a new generation of security-protection companies, such as privately…
11:15am ET
Technology
IBM’s New Push Into Fraud Prevention
IBM unveiled Thursday its new fraud and financial crimes prevention business. The organization hopes to help clients employ a holistic approach to understand the criminals, their relationships and the techniques they use.
11:03am ET
Retail
The Non-Stop Rise of Amazon’s Stock
Wikimedia CommonsPoor results for the holiday quarter were supposed to injure Wall Street’s sentiment on Amazon.com Inc. (NASDAQ: AMZN). On the contrary, it has continued to rise, leaving observers to ask whether…
1:20pm ET
Services
New Visa-MasterCard Payment Security Group to Focus on Technology
In the wake of recent high-profile data breaches, Visa and MasterCard said Friday that they have formed a new group aimed at improving payment system security. The new group will include banks,…
10:55am ET
Retail
Why Safeway Buyout Makes Kroger Worth Twice as Much
Safeway's agreement to sell out to Cerberus Capital Management for as much as $40 a share says something about Kroger, the archrival of both Safeway and Cerberus's supermarket business Albertson's.
7:35am ET
Retail
Does Safeway Deal Rescue Supermarkets?
Thursday night's announcement that Cerberus Capital Management will acquire Safeway for $40 a share in cash and stock may offer be the last gasp for supermarket chains. Going big may be the…
1:05pm ET
Retail
Sam’s Club Quietly Tests Subscription E-commerce Program
In a swipe at Amazon.com and Target, Walmart last October quietly launched a subscription service to members of its Sam's Club stores that allows those members to receive free shipping on about…
6:28am ET
Retail
J.C. Penney’s 2% Turnaround Much Too Weak
J.C. Penney's CEO said the most difficult part of its turnaround is over. That is not true, and some of the retailer's most difficult days may be ahead. It has set painfully…
Douglas A. McIntyre