Target Says it Won’t Follow Walmart and TJX in Wage Hikes


Target CEO Brian Cornell told investors that the retailer won’t be raising its minimum wage to $9 like its competitors, Walmart and TJX Companies.

Tesco Exec Mike McNamara Joins Target as CIO

Mike McNamara

Tesco exec Mike McNamara will replace the retiring Bob DeRodes as Target’s CIO.

Target Closing All 133 Stores in Canada


CEO Brian Cornell said Target Canada wouldn’t have been profitable until at least 2021.

Target Names Brian Cornell CEO

Brian Cornell

Cornell’s resume includes PepsiCo, Sam’s Club, Michaels Stores and Safeway.

In Other News: Seven Retailers Searching for CEOs

HSN's Mindy Grossman is being courted by retailers.

American Apparel, American Eagle Outfitters, Bon-Ton, Dollar General, Gordmans, JCPenney and Target are all in various stages of CEO searches.

Target Names Maiorino to Information Security Post

Brad Maiorino

Target Corp. has hired Brad Maiorino as SVP and chief information security officer.

Target’s Internal Problems

Target CMO Jeff Jones

An anonymous letter from a disgruntled Target employee is just the latest to be posted by the gossip blog Gawker, but this one got a public reply from Target CMO Jeff Jones.

Target CEO Steinhafel Resigns

Gregg Steinhafel

Target chairman, president and CEO Gregg Steinhafel has resigned, effective immediately, ending a 35-year career with the retailer.

Target Names Data Security Expert DeRodes as CIO

Bob DeRodes

Bob DeRodes, an IT expert who’s worked for CitiBank and Delta Airlines and advised the U.S. government on data security, is Target’s new CIO.

Target to Fast-Track Credit Card Tech Updates


Target says it will be fast-tracking plans to update its store credit cards with smart-chip technology for greater security.