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Gregg Steinhafel

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  • Target rolls out free shipping for all orders during holidays

    Target Corp. rolled out free shipping as the holiday season gets underway in an effort to lure shoppers to its website and turn around its business after months of turmoil over a huge data breach.
  • Home Depot probing 'unusual activity' after data breach report

    Home Depot probing 'unusual activity' after data breach report
    (Reuters) - Home Depot Inc said on Tuesday it was working with law enforcement to investigate "some unusual activity" related to customer data but that it could not confirm if it had become the latest retailer to be hit by a large-scale security breach....

    Target cuts profit forecast but better recent sales seen; stock rises

    Target cuts profit forecast but better recent sales seen; stock rises
    Target Corp. reduced its annual profit outlook Wednesday while reporting second-quarter earnings that plunged from a year earlier. The earnings report showed the Minneapolis, Minn.-based company is still struggling to recover from a massive data breach...

    Target reports 62% drop in earnings, cuts profit forecast

    Target Corp. slashed its profit forecast for the year as the retailer struggles with the aftershocks of a massive data breach and a botched expansion into Canada. The Minneapolis company said reverberations from the breach, in which hackers made off...

    Target cuts forecast, pegs data breach costs at nearly $150 million

    Target Corp. lowered its second-quarter earnings forecast Tuesday and said expenses from its massive data breach probably would be close to $150 million. Promotional discounts in U.S. stores and weaker-than-expected sales in Canada led to the lower...