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Gregg Steinhafel

Latest Gregg Steinhafel News

  1. Target-Neiman Marcus Holiday Collection: Most and Least Expensive Gifts

    Tue, 23 Oct 2012

    guests will be thrilled with this extraordinary collection that features some of America's most preeminent designers," Gregg Steinhafel , Target's chairman, president and chief executive officer said in a statement. Target and Neiman Marcus are donating

  2. Should Business Leaders Use Their Bully Pulpit?

    Fri, 2 Sep 2011

    finding that customers may equate a monetary donation to speaking out in support of a candidate's policies. Target CEO Gregg Steinhafel got into trouble with customers and employees after donating $150,000 to Republican gubernatorial candidate Tom Emmer

  3. Target CEO talks prices, products and plans

    Sun, 26 Jun 2011

    What slowing economy? In this exclusive interview, Target CEO Gregg Steinhafel shows it's almost full-speed-ahead for the chain, in contrast to the jitters at many other retailers. He's presiding over

  4. Target Sues California Gay Rights Group for Lobbying Outside Stores

    Fri, 25 Mar 2011

    supported Emmer for his pro-business positions, but they should have put an equal amount to a pro-gay group." Target CEO Gregg Steinhafel apologized for the donation, saying at the time, "Our decision affected many of you in a way I did not anticipate

  5. Retailers Revamp Political Giving Policies Ahead of 2012 Campaign

    Fri, 11 Mar 2011

    which supported Tom Emmer, a socially conservative candidate who ultimately lost to Democrat Mark Dayton. Target CEO Gregg Steinhafel later apologized for the donation, saying at the time, "Our decision affected many of you in a way I did not anticipate

  6. Minnesota Governor Race is Test Case for Campaign Spending After Citizens United Ruling

    Wed, 11 Aug 2010

    customers protested the company's financial support for Emmer, who opposes same-sex marriage. The company's CEO Gregg Steinhafel later apologized. Schultz said much of the backlash at Target may have been due to the image they have been publicly cultivating

News

  1. Target Backtracks on Contribution to GOP Candidate Who Opposed Gay Rights

    Wed, 28 Jul 2010

    gubernatorial candidate with penchant for opposing gay rights, after a firestorm of protest from customers. Target CEO Gregg Steinhafel wrote employees to say the discount retailer was "genuinely sorry" over the way the contribution to MN Forward donation

  2. Target, Best Buy Angers Gay Customers By Making Contribution to GOP Candidate

    Wed, 28 Jul 2010

    garnering contributions from corporations like Target and electronics giant Best Buy , which gave $100,000. Target's CEO Gregg Steinhafel was not made available to ABC News for an interview, but in an e-mail to staffers he defended the company's decision

  3. Retailers emulate Wal-Mart's focus on necessities

    Wed, 3 Jun 2009

    average transaction, executives said. Retailers say focusing on necessities is paying off. Target's chief executive, Gregg Steinhafel , said cost controls and strong sales at established stores in necessities like food helped his company's first-quarter

  4. Discount retailers benefit from recessionary shoppers

    Tue, 24 Feb 2009

    Target's quarterly profit was down 41%, while same-store sales were down by 5.6% compared with last year. CEO Gregg Steinhafel said the discounter, which is losing market share to Wal-Mart wmt , will focus on "continuing to grow our market share

  5. Target profit falls 24%; cuts $1B in expenses

    Mon, 17 Nov 2008

    Analysts polled by Thomson Reuters predicted a profit of 48 cents per share on revenue of $15.24 billion. Chief Executive Gregg Steinhafel says results "reflect the significant macroeconomic challenges facing our retail and credit-card segments." Sales

  6. Retailers promote 'staycation' sales

    Sat, 24 May 2008

    said this week that first-quarter earnings fell 8% on weaker-than-expected sales. President and Chief Executive Gregg Steinhafel said the company is stressing sale prices, "very mindful that the consumer is very cash-strapped right now." Kohl's

  7. Lack of Hot Toys Challenges Retailers

    Wed, 22 Nov 2000

    do it. That includes emphasizing traditional items like dolls and games. Basic areas are fundamentally strong, said Gregg Steinhafel , president of Target s namesake discount division. Let s Make a Deal And, of course, like retailers everywhere, toy

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