target

Target Founder Douglas Dayton Dies

Douglas Dayton, who led the transformation of a family department store into retailing giant Target Corp., has died at the age of 88.

Target Profit Tumbles on Weak Sales

Target says first-quarter profits dropped 26 percent as cool temperatures and financial pressures limited customers' appetite for spending.

J.C. Penney Taps Former CEO Mike Ullman

.C. Penney pins its hopes on former CEO Mike Ullman to revive the retailer after a risky turnaround strategy backfired and led to massive losses and steep sales declines.

Dow Surges a 2nd Day to a New 5-Year High, Closes in on Record

Stocks are closing sharply higher for a second day as evidence mounts that the housing market is making a comeback. The Dow Jones industrial average jumped 175 points to 14,075, its highest close of the year. It's up nearly 300 points over the past two days, putting it within 100 points of its record high reached in October 2007.

U.S. Retail Sales Rose 0.5 Percent in December

U.S. consumers increased their spending at retail businesses in December, buying more autos, furniture and clothing. Steady job growth and lower gas prices kept consumers shopping for the holidays, despite worries about potentially tax increases.