PepsiCo chairman and CEO Indra Nooyi and Brian Cornell, the chairman and CEO of retailer Target Corp., have announced they are to co-chair an initiative in the US aimed at achieving 50/50 gender parity.
The chief information officer of US retailer Target Corp., which suffered a security breach said to have affected 70m customers, has resigned.
A costly data breach hit profits at US retail giant Target Corporation in the fourth quarter but also impacted consumer confidence and traffic.
Wal-Mart, the world's largest retailer, caused a stir when it lowered its full-year forecasts this week due to pressure on US sales. Retail sales in the country have entered an upward trajectory and close competitor Target Corp has been hit by a data breach scandal - but Wal-Mart has apparently failed to capitalise. Likewise, Kellogg missed market expectations when it reported fourth-quarter numbers due to an accelerating decline in North American revenues. Here are the highlights from just-food this week.
News Wal-Mart has lowered its full-year earnings forecast reflects more than the drag of store closures as it adjusts its international portfolio. The US retail giant is struggling to grow its top-line at home and lower fourth-quarter comparable domestic sales suggest it failed to capitalise on the data breach scandal that hit key competitor Target Corp., Katy Askew suggests.
US retailer Target Corp has become the latest retailer to cut jobs, with the announcement it is laying off around 475 employees globally. "As an organisation, Target continually assesses our…
Former Toys "R" Us chief executive Jerry Storch has become chairman of US grocery retailer Supervalu Inc. Storch spent seven years as chairman and CEO at the toy retailer from…
Target Corp has warned of larger losses than expected in its fourth-quarter as it revealed a data breach in December may now have affected 70m customers. In a trading update,…
US retailer Target Corp. has trimmed its full-year earnings forecast after revealing a drop in third-quarter profits and slower-than-expected sales growth. In the three months ended 2 November, earnings dropped…
PepsiCo has launched a chocolate-covered crisp in the US - a product it claims will give consumers "an enjoyable sweet and savoury snacking experience". The company is to sell Lay's…
Shares in Unilever fell this morning (1 October) in reaction to the consumer goods giant issuing a sales warning for the third quarter - on the back of a slowdown…
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