Target Archives - Page 2 of 3 - CFO

Target’s Same-Store Sales Beat Expectations

Target’s Same-Store Sales Beat Expectations

The 1.1% drop in comp sales for Q3 was a relief to investors and Target now forecasts as much as a 1% increase for the next quarter.

By Matthew Heller | November 16, 2016

Target Shares Drop 7.6% on Comp Sales Miss

Target Shares Drop 7.6% on Comp Sales Miss

Same-store sales gained 1.2% in Q1, missing analysts' estimates, and Target is expecting growth to be flat or lower in coming months.

By Katie Kuehner-Hebert | May 18, 2016

Online Sales Fuel 1.9% Growth at Target

Online Sales Fuel 1.9% Growth at Target

The retailer posted a 34% increase in digital sales but holiday-season promotions aimed at driving that growth cut into profits.

By Katie Kuehner-Hebert | February 24, 2016

Beware ‘Starving’ Cyber Risk Budgets, CFOs Warned

Risk & Compliance

Beware ‘Starving’ Cyber Risk Budgets, CFOs Warned

Board involvement in cybersecurity surges, according to a new study.

By David Katz | October 16, 2015

IKEA Raising its U.S. Worker Pay

Workplace Issues

IKEA Raising its U.S. Worker Pay

The raise would put IKEA's minimum wage at $4.62 above the current federal minimum wage.

By Katie Kuehner-Hebert | June 25, 2015

Why Target Lost Its Aim

Why Target Lost Its Aim

A discount-store chain which forgot its formula for success.

By Economist Staff | March 3, 2015

Lloyd’s Insurer Says Cyber Risks Too Big to Cover

Lloyd’s Insurer Says Cyber Risks Too Big to Cover

The biggest Lloyd's of London insurer says cyber attacks are unusually systemic and the require governments to step in.

By Matthew Heller | February 6, 2015

Supply Chain Woes Help Doom Target in Canada

Cost Management

Supply Chain Woes Help Doom Target in Canada

Poor distribution by Target reportedly meant that shelves lacked basic products.

By Katie Kuehner-Hebert | January 16, 2015

Obama Unveils Cyber Privacy Bill

Obama Unveils Cyber Privacy Bill

The Personal Data Notification and Protection Act would replace a patchwork of state laws.

By Matthew Heller | January 12, 2015

The New Rules of Attraction

The New Rules of Attraction

The latest boom in dealmaking appears more sensible than its predecessors. But valuations are creeping into the danger zone.

By Economist Staff | November 17, 2014

Senate Vote on Cybersecurity Unlikely

Senate Vote on Cybersecurity Unlikely

With the midterm elections coming up, there remains little hope that a cybersecurity bill will be voted on this year.

By Iris Dorbian | September 22, 2014

Bleak Week for Three Retailers

Bleak Week for Three Retailers

Staples says it will close 140 stores this year, while Lowe's and Target cut their revenue and profit forecasts, respectively.

By Iris Dorbian | August 20, 2014

Five Tips for Preventing Cyber-Security Breaches

Five Tips for Preventing Cyber-Security Breaches

Before looking at vendor solutions to protecting data, CFOs need to put some thought into which information to safeguard.

By Iris Dorbian | July 28, 2014

Three Steps to Data Security

Risk Management

Three Steps to Data Security

Legal bills, compliance fines, fees for forensic investigators — data breaches are expensive. Here's how your company can avoid being a victim.

By Katherine Teitler | May 21, 2014

FTC Urges Data-Breach Penalties

FTC Urges Data-Breach Penalties

Bipartisan support for the idea within the commission may mirror the same in Congress, an FTC official says.

By David McCann | March 19, 2014