‘Life-and-death situation’: About 30 people left stranded at Target store during Buffalo blizzard
Jessica Sypniewski said she had never seen a blizzard this bad in her 33 years of living in the Buffalo area. Her family was among dozens who were forced to spend part of their Christmas waiting out the storm in a Target store.news.yahoo.com
Target's 3Q profit drops 52% as shoppers force price cuts
An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.
Retailers’ stockpiles mean deep holiday discounts starting now
After struggling with product shortages for much of the pandemic, the country’s retailers are now facing the opposite problem: A glut of unsold merchandise that’s cutting into profits, derailing holiday plans and threatening to drag down broader U.S. economic growth.washingtonpost.com
Target 11: Student who allegedly raped teacher accused of previous assault
Target 11 has learned that the 15-year-old student who had just transferred into Oliver Citywide Academy last week and allegedly raped a teacher inside a classroom was accused of attacking a staff member at a behavioral health center earlier this year.news.yahoo.com
Trade your old car seat at Target during trade-in event for app, online discount for baby gear
During the event, Target said that shoppers will have the chance to recycle an old, expired, or damaged car seat to get a coupon on the Target app or online for 20% off one car seat, stroller, or some baby gear.
Here’s how you can trade an old car seat to get new one 20% off at Target
If you’re in a need of a new car seat or baby stroller, you’re in luck. Target’s semi-annual Car Seat Trade-In program that allows customers to trade in their old seats for a 20% off coupon on a new car seat, booster seat, stroller or other select baby items will return to stores in April. From April 5 to April 17, customers can trade in their old car seats which will be recycled by Waste Management, Target’s partner, and turned into an assortment of items such as pallets, plastic buckets and carpet padding. The Car Seat Trade-In programs have been held since April 2016, and Target officials say since then the company has recycled more than 1,100,000 car seats, or more than 17 million pounds of plastic and counting. Coupons can be used until May 1 in stores or online.
Jump in hiring fuels optimism for US economic recovery
That is down dramatically from 14.8% last April, just after the virus erupted in the United States. Ad“The recovery really has some legs, some momentum now,” said Odeta Kushi, deputy chief economist at First American Financial Corp. AdAlso hiring last month were retailers, which added 41,000 jobs, health care companies, with 46,000, and manufacturers, with 21,000. But state and local governments have slashed 1.4 million jobs since the pandemic erupted, including 86,000 last month, and most have instituted hiring freezes. The Congressional Budget Office projects the nation will add a substantial 6.2 million jobs this year.
Target powers through a pandemic; 2020 sales growth explodes
FILE - In this April 6, 2020 file photo, a customer wearing a mask carries his purchases as he leaves a Target store during the coronavirus pandemic, in the Brooklyn borough of New York. The moves come as Target extended its sales streak through the holiday quarter and sales grew by more than $15 billion. Online sales soared 118%. In the previous quarter, same-store sales rose 10%, while online sales spiked 155%. Late last year, it signed a deal with beauty chain Ulta Beauty that will place Ulta shops in more than 100 Target stores by mid-2021.
US jobless claims at 730K, still high but fewest in 3 months
The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. Jobless claims declined by 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. Still, before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000. The latest figures coincide with a weakened job market that has made scant progress in the past three months. AdAll told, 19 million people were receiving unemployment aid as of Feb. 6, up from 18.3 million the previous week.
Federal Reserve sees modest pickup in hiring this month
The Federal Reserve says theres evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. (AP Photo/Steven Senne, File)WASHINGTON – The Federal Reserve says there's evidence that hiring has picked up in recent weeks, though the job market remains badly damaged by the pandemic. In its semi-annual monetary policy report released Friday, the Fed said it has been watching job data compiled by payroll processor ADP. AdThe report will form the basis for Federal Reserve Chair Jerome Powell's testimony next week before committees in the House and Senate. Hiring has stalled in the past three months, with job gains averaging just 90,000 a month from November through January.
US consumer prices up 0.3% in January, led by energy spike
U.S. consumer prices were unchanged in October, the lowest reading in five months and an indication that the price spike seen this summer is beginning to fade as coronavirus cases start to increase. (AP Photo/Rogelio V. Solis)WASHINGTON – U.S. consumer prices rose 0.3% in January, led by a surge in energy. But even though the gain was the biggest monthly increase since July, inflation gains over the past year have remained modest. Core inflation, which excludes volatile food and energy costs, is also up 1.4% with core prices unchanged in January. “Consumer price inflation remains very tame,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics, predicting that the upcoming rise in year-over-year inflation figures should be transitory.
Roanoke woman’s pictures go viral as part of #TargetDressChallenge
ROANOKE, Va. – The internet has had a field day with the pandemic as different quarantine videos and memes have gone viral for nearly a year. Now, a Roanoke woman is trending after snapping a few photos in a Target dress. Lesley Butterfield picked up a floral smock after seeing the hashtag on social media. Now, Butterfield’s pictures have been shared thousands of times. “I really think people are hitting a pandemic wall right now and they just really appreciate the humor and it just keeps going on and on,” said Butterfield.
36 CVS stores will be administering coronavirus vaccines to eligible Virginians
You may soon be able to get your COVID-19 vaccine at your local CVS Pharmacy. Starting Feb. 12, CVS will start administering vaccines to eligible people at 36 locations throughout the Commonwealth. CVS plans to administer up to 26,000 vaccine doses at 36 Virginia stores covering the following 33 areas within Virginia:AbingdonAlexandriaArlingtonBedfordBlacksburgCharlottesvilleChathamChesapeakeDanvilleDublinFairfaxFredericksburgGainesvilleHamptonHarrisonburgLeesburgLynchburgMartinsvilleMechanicsvilleMidlothianNewport NewsNorfolkPortsmouthRichmondRoanokeRocky MountStaffordSuffolkVirginia BeachWarringtonWilliamsburgWinchesterWoodstock[Where are Virginia’s coronavirus cases? The health department’s interactive map]Now, starting Feb. 11, people can start making appointments either online, on the CVS Pharmacy App or by calling CVS customer service at 1-800-746-7287. Please do not call CVS before Feb. 9 and try to make an appointment.
Biden boosting vaccine allotments, financing for virus costs
Starting next week, 1 million doses will be distributed to some 6,500 pharmacies across the country, the White House said. The administration is also boosting by 500,000 the weekly allocation of vaccines sent directly to states and territories for the coming weeks, up to 10.5 million. It is allowing state and local governments to receive additional federal dollars to cover previously incurred expenses relating to the pandemic. The number of participating pharmacies and the allocation of vaccines are expected to accelerate as drug makers increase production. The Biden administration has sought to increase certainty to state governments on their upcoming allocations to streamline deliveries and prevent stockpiling of second doses for the two-dose regimens.
Target thanking its employees with $500+ coronavirus pandemic bonus
A major retailer is thanking its employees in a major way. Target announced Monday that it’s “giving $500 bonuses to all hourly team members in stores, distribution centers and our headquarters and field-based offices.”Not only that, all store directors, executive team leaders and salaried distribution center leaders, 12,000 in total, will receive a bonus ranging from $1,000 to $2,000. These bonuses will be going to more than 375,000 employees, in what Target is calling an investment of more than $200 million.
Retail group: holiday sales up 8.3% amid big spending shift
The nations largest retail trade group says Friday, Jan. 15, 2021, that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. (AP Photo/Rogelio V. Solis, File)NEW YORK – The nation’s largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away from physical stores. The retail sales figures exclude sales from autos, restaurants and gas. The non-seasonably adjusted holiday figures, contrast with a downbeat report Friday from the Commerce Department that retail sales fell a seasonally adjusted 0.7% in December from the month before. However, the government reported a 3.7% retail sales gain in November and a 2.9% gain in December compared to the year-ago periods.