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Gregg Steinhafel Photo By Courtesy Photo |
Target Profits Fall 23.8 Percent
Despite 23.8 percent profit drop, president and ceo Gregg Steinhafel said Target remains positioned to take advantage of the slowdown and come out stronger.
- November 17, 2008
Target Unveils Initiatives to Deal With Economic Slowdown
Target Corp. executives unveiled initiatives on Thursday to maximize business amid curtailed consumer spending.
- October 24, 2008
Macy’s Net Up in Quarter, but Target Profits Fall
Macy's profits rise 2.3 percent as sales slide; Target earnings off 8.2 percent on small revenue increase.
- February 26, 2008
Target CEO Ulrich to Retire in May
As sales trends slow and share value falls, Target Corp. said Wednesday that chief executive officer Robert Ulrich will retire May 1 and be succeeded by company president Gregg Steinhafel.
- January 10, 2008
Ulrich to Retire at Target
Gregg Steinhafel, president of the company, to move up to chief executive officer on May 1.
- January 9, 2008
Target Net Gains 12.6%
Target Corp. on Tuesday posted robust second-quarter and first-half results, which were boosted in part by better-than-average performance in apparel, as the retailer reaffirmed full-year earnings projections.
- August 22, 2007
Target Net Gains 17.5% in Qtr.
Target Corp. on Wednesday posted first-quarter results that beat Wall Street's expectations by 4 cents on a strong sales gain.
- May 24, 2007
