It's logical for retailers to extend their search outside of the retail industry, so long as they come from a business that's' "wired to consumers."» Read More
Costco Wholesale Corp. fell$. 64 or. 5 percent, to $117.54. Target fell $1.79 or 2.9 percent, to $59.59. Wal-Mart Stores Inc. fell $1.20 or 1.6 percent, to $73.58.
*Target appoints Pepsi executive Brian Cornell as CEO. July 31- Beleaguered retailer Target Corp named former PepsiCo and Wal-Mart executive Brian Cornell as CEO and chairman as it tries to regain customer confidence following a devastating data breach last year that hit earnings. Cornell, the first outsider to lead Target, has his work cut out.
The Department Of Homeland Security warned about the "Backoff" virus that can steal payment card information.
BOSTON, July 31- The U.S. The U.S. government has released reports on several types of malicious software that cybercriminals used to steal payment cards in the wake of last year's unprecedented breach on Target Corp, which resulted in the theft of some 40 million payment card numbers.
Target appointed new CEO Brian Cornell in hopes of a revival following its credit card breach and botched Canada expansion.
BOSTON, July 31- The U.S. Department Of Homeland Security warned retailers about a type of malicious software attacking point-of-sales systems, dubbed "Backoff", that it said is undetectable by most types of anti-virus software.
Some of the names on the move ahead of the open.
The Minneapolis- based company said Thursday that it named PepsiCo executive Brian Cornell to the top spot, replacing Chief Financial Officer John Mulligan, who had been keeping the seat warm since May. "Outside perspective is what Target needs, in our view, given the need to rebuild trust," said Greg Melich, head of consumer research at ISI Group.
July 31- Target Corp appointed PepsiCo Inc executive Brian Cornell as CEO as it tries to regain customer confidence after a devastating data breach last holiday season. Cornell resigned earlier this week as head of PepsiCo's Americas Foods business, which makes Quaker Oats and Frito Lay chips.
SAN DIEGO— A small plane clipped the top of a store before it crashed in the parking lot of a San Diego shopping center, killing a 78- year-old passenger and seriously injuring the 52- year-old pilot, authorities said.
Target has tapped PepsiCo executive Brian Cornell as its new chief executive, the Wall Street Journal reports.
July 31- Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the Journal said.
July 31- Target Corp is hiring PepsiCo Inc executive Brian Cornell as its new chief executive, the Wall Street Journal reported. Cornell, who has spent nearly a decade at PepsiCo, was a contender to succeed PepsiCo CEO Indra Nooyi, the newspaper reported. Target and Pepsi did not immediately respond to emails seeking comments.
Changing your mind about a purchase can be expensive—particularly if it's a big-ticket item.
Hewlett-Packard analyzed the 10 most popular consumer Internet things and found many security vulnerabilities. Re/code reports.
NEW YORK— Dollar Tree is stepping up its fight for penny-pinching customers. On Monday, the discounter said it would acquire rival discounter Family Dollar for $8.5 billion, making it the biggest player in the dollar store category. Despite their names, Dollar Store and Family Dollar vary in their business models.
NEW YORK— Shares of some top big-box retail companies are mixed at 1 p.m.:. Costco Wholesale Corp. rose$. 30 or. 3 percent, to $117.89. Wal-Mart Stores Inc. fell$. 71 or. 9 percent, to $76.28.
July 24- Canada's largest grocer Loblaw Cos Ltd's quarterly profit handily beat analysts' expectations, helped by strong pharmacy sales in its recently acquired Shoppers Drug Mart. Sales at Shoppers accounted for more than a quarter of Loblaw's total sales of C $10.31 billion in the second quarter.
Larry Zelvin, the Homeland Security head who helped secure banks from cyberattacks and erect defenses after the Target breach, is retiring.
BOSTON, July 23- Larry Zelvin, the head of the U.S. Department of Homeland Security's center for countering cyber threats, is retiring next month after a government career of nearly 30 years during which he advised U.S. businesses on fighting hostile hackers.