This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Target is eliminating about 100 roles at the store district level and 400 roles relating to supply chain as part of an effort to invest more into store payroll and improve the customer experience. The mass retailer is consolidating its store districts to streamline its structure and standardizing the field operating model for its supply chain operations, per an int ...

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Kering reported a slightly smaller-than-expected drop in fourth-quarter sales on Tuesday, as new CEO Luca de Meo battles to stabilise the Gucci owner. ...

Core Viewpoint - German software developer TeamViewer forecasts annual revenue growth of between 0% and 3% in 2026, with an adjusted core profit (EBITDA) margin of about 43% due to high market volatility [1] Revenue Forecast - TeamViewer anticipates revenue growth of 0% to 3% for the year 2026 [1] Profit Margin - The company expects an adjusted core profit (EBITDA) margin of approximately 43% [1]

Core Viewpoint - Target (TGT.US) is laying off approximately 500 positions to streamline operations and enhance customer experience [1] Group 1: Operational Changes - The layoffs include 400 positions in the supply chain and 100 positions in store support departments, aimed at reallocating resources to improve staffing in stores [1] - The company is focused on simplifying regional management structures to empower store leaders to better meet customer needs [1] Group 2: Leadership and Strategy - The new CEO, Michael Fiddelke, is leading efforts to revive performance, with a core goal of reversing declining sales [1] - Target is prioritizing improvements in customer experience, including reducing wait times and ensuring product availability in approximately 2,000 stores [1] Group 3: Historical Context - Last year, Target laid off about 1,800 corporate positions, marking the first major organizational restructuring in a decade [2] - Fiddelke acknowledged the loss of trust among some customers and employees, committing to rebuild that trust [2] Group 4: Additional Reform Goals - Other reform objectives include more efficient use of technology, optimizing product assortment, and reinforcing fashion positioning [1]

Group 1 - Target is cutting around 500 jobs to invest in enhancing the shopping experience in its stores [1]

Target is stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices, CNBC reported Monday citing an internal memo.The company will reduce the number of store districts — the geographic areas that its nearly 2,000 stores are broken into, which have dedicated staffing — and put money toward more hours for frontline store employees, the report said.Target said it was making changes to the way it runs and oversees stores to improve the customer experience, a top goa ...

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Core Viewpoint - Target is increasing store staffing while simultaneously eliminating approximately 500 jobs in distribution centers and regional offices, as reported by CNBC citing an internal memo [1] Group 1 - Target is stepping up staffing levels in its stores to enhance customer service and operational efficiency [1] - The company is making workforce reductions by cutting around 500 positions in its distribution centers and regional offices [1]

Target said Monday that it's stepping up store staffing, but eliminating about 500 jobs in distribution centers and regional offices as it tries to win back shoppers who have complained about sloppier shelves, out-of-stock items and longer checkout lines.In an internal employee memo obtained by CNBC, the big-box retailer said it's making changes to the way it runs and oversees stores to improve the customer experience, a top goal of the company's new CEO Michael Fiddelke. To do that, Target said it will red ...