Wednesday, January 28, 2009

Off Target

Related: Consumer fatigue growing

"Target is paring store openings; Retailer will also eliminate jobs" by Associated Press | January 28, 2009

NEW YORK - Discount retailer Target Corp. said yesterday it will cut 9 percent of its headquarters staff, close a distribution center, and reduce planned store openings as it battles the weak economy.

The staff cuts include 600 employees and 400 open positions, mostly in the Twin Cities area of Minnesota where it is based. The company plans to close its Little Rock, Ark., distribution center, which employs another 500 people, later this year....

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Funny; I never find what I want there anyway!