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Gregg Steinhafel

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  • NEW YORK— A $19 million deal between Target and MasterCard to settle lawsuits stemming from the retailer's massive pre-Christmas 2013 data breach has been scrapped, because it failed to get enough support from the affected banks and credit unions. MasterCard Inc. would only say Friday that not enough issuers approved the deal. Minneapolis- based Target...

  • March 3- U.S. retailer Target Corp, which has been battling back after a massive data breach and sluggish performance, on Tuesday said it will eliminate several thousand jobs, mainly from headquarters locations in the United States and India, as it aims to cut $2 billion in costs over two years. Target said the job cuts would primarily come from corporate locations...

  • Feb 3- Target Corp on Tuesday named former Tesco PLC executive Mike McNamara as chief information officer to replace Bob DeRodes, who was hired in May to bolster the retailer's cybersecurity following a massive data breach in late 2013.. When Target named DeRodes as CIO in April it had been looking for someone to fill that role on an interim basis, Target...

  • Retail's nasty game of musical chairs not over Tuesday, 6 May 2014 | 11:55 AM ET
    Gregg Steinhafel, Target's former CEO.

    Target CEO Gregg Steinhafel's name has been added to the list of retail execs caught in a nasty game of musical chairs.

  • Target to match some rivals' online prices Tuesday, 16 Oct 2012 | 2:49 PM ET

    NEW YORK-- In the latest effort to beat Amazon.com at its game, Target says that for the first time it will match prices that customers find on identical products at select online competitors this holiday season.