Retail chain Target has announced that it will cut the prices of several items, mostly grocery and household staples as a boon for consumers suffering from inflation.
Target stores will permanently close their doors to customers on Thanksgiving Day, making the store closures a permanent change to the start of the holiday season.
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The departure of Target CEO Gregg Steinhafel last week had many proclaiming that it was because of the massive data breach the retailer suffered late last year. It's important to note, however, that there were other factors at play, such as Target's recent performance as a business.
Target CEO and chairman Gregg Steinhafel announced his resignation from the company Monday effective immediately, marking the latest and most prolific casualty stemming from last year's data breach.
Target announced Monday that the company had hired senior information technology advisor Bob DeRodes to step in as executive vice president and chief information officer in light of last year's major data breach.
The massive Target security breach last December resulted in the largest theft of retail data ever in history, but is there a good side to it? Some seem to think so, and most point to the increased awareness and vigor concerning cybersecurity.
The fallout from last December's massive security breach at Target has been contained in the digital sphere and courtrooms -- until now. Denver police are now on the hunt for a man believed to be using credit cards stolen from that breach.
Target's legal woes stemming from the December security breach will now be consolidated in Minnesota thanks to a new order from the U.S. Judicial Panel on Multidistrict Litigation, moving 33 lawsuits from seven states and 18 districts to the retailer's home state.
Target is receiving more flack for the December security breach as two banks filed a lawsuit against the nation's No. 3 retailer for not properly protecting customer data.
Connecticut lawmakers Wednesday evening approved legislation that raises the state's minimum wage level to $10.10 an hour by 2017, making it the state with the highest minimum wage in the nation.
Target's woes only seem to grow as the retailer is now facing major criticism from U.S. government officials about its failure to act on warning signals that could have prevented December's massive security breach that made off with an unprecedented amount of consumer personal records.
Highlighting the U.S. government's increased involvement in advancing the nation's digital infrastructure, U.S. Treasury official Amir-Mokri explained why it is important for the Obama administration to be involved in the fight against cybercrime Wednesday.
Last year's massive security breach which led to the loss of the personal information of over 100 million Americans could possibly be worse, Target cautioned in a statement filed last week.
Target's massive credit breach could have been prevented, it turns out. The No. 3 U.S. retailer apparently received security warnings about the breach but ignored them, allowing the largest credit card heist to occur right under its nose.
