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Retail Industry

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Target to ditch cereals with artificial colours by May end
business23 hours ago

Target to ditch cereals with artificial colours by May end

Target will stop selling breakfast cereals made with synthetic colours by the end of May, part of a broader push to curb ultra-processed foods amid consumer and political pressure. Walmart has similar plans for its private-label products by 2027, while Target says 85% of its cereal sales already come from cereals without synthetic dyes. General Mills says it will remove certified synthetic colours from US cereals by this summer; Kellogg has not yet commented. The move aligns with wider health-policy efforts linked to Kennedy’s Make America Healthy Again movement.

Target to Cut 1,800 Corporate Jobs in Major Restructuring
business4 months ago

Target to Cut 1,800 Corporate Jobs in Major Restructuring

Target is cutting about 1,800 corporate jobs, roughly 8% of its global corporate workforce, to streamline operations and focus on rebuilding its customer base amid declining sales and increased competition. The layoffs, mainly at its Minneapolis headquarters, are part of a broader effort led by new CEO Michael Fiddelke to improve merchandise selection, customer experience, and technology investment. The company aims to enhance decision-making and accelerate growth, while store employees and supply chain workers are unaffected.