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Target to ditch cereals with artificial colours by May end
business2 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.

via BBC|
#artificial-colours#business#cereals
Target pledges dye-free cereals by 2026, signaling retailer-driven reform
business1 day ago

Target pledges dye-free cereals by 2026, signaling retailer-driven reform

Target will remove synthetic food dyes from all cereals by May 2026, putting retailer pressure on suppliers ahead of broader industry moves. Major brands like General Mills plan similar phaseouts—eliminating synthetic colors from U.S. cereals by summer 2026 with full retail rollout by 2027—while the FDA has begun phasing out petroleum-based dyes and promoting natural alternatives. Most pledges extend through 2027, suggesting retailers could drive the next phase of the food-dye debate more than regulators.

via Axios|
#artificial-dyes#business#cereals
Target trims 500 roles, realigns districts under new CEO
business19 days ago

Target trims 500 roles, realigns districts under new CEO

Target will restructure parts of its organization and cut about 500 positions—roughly 400 in its supply chain and 100 at store districts—to streamline the field structure and reinvest in stores with more labor, hours, and guest-experience training. No store-level jobs will be cut, though some regional offices will close. The changes, announced as new CEO Michael Fiddelke begins leading the company, aim to boost efficiency and growth ahead of earnings due March 3.

via NBC News|
#business#ceo-michael-fiddelke#layoffs
Target's New CEO Battles a Slump Amid Minneapolis Turmoil
business26 days ago

Target's New CEO Battles a Slump Amid Minneapolis Turmoil

Target’s new CEO Michael Fiddelke inherits a sales slump, intensified competition from Amazon, Walmart and Costco, and political headwinds in its Minneapolis hometown due to federal immigration enforcement. He aims to turn the business around with a 25% increase in capital spending to $5 billion to fix store operations, refresh merchandise, and test new concepts (including a SoHo store) to revive Target’s Tarzhay-brand appeal. The company has faced inflation-related pressure, inventory and staffing challenges, and a roughly 30% drop in its stock over three years, all while managing a delicate balance between corporate positions and changing customer expectations amid local tensions.

via CNN|
#business#immigration#michael-fiddelke
Minneapolis Target Workers Press for Stronger Stand as ICE Crackdown Grows
business28 days ago

Minneapolis Target Workers Press for Stronger Stand as ICE Crackdown Grows

Target employees in Minneapolis mobilize mutual-aid networks to support neighbors amid the ICE crackdown, pressing leadership to take a stronger public stand. While Target donates to affected small businesses and incoming CEO Michael Fiddelke calls for de-escalation, workers describe a disconnect with the company’s cautious stance, into which volunteers print anti-ICE slogans, share safety resources, and balance work with community action as the city confronts intensified enforcement.

via Business Insider|
#business#dei#employee-activism
West Loop Target protest ends with 7 trespass charges as activists press ICE stance
politics28 days ago

West Loop Target protest ends with 7 trespass charges as activists press ICE stance

Protesters outside Chicago's West Loop Target demanded the retailer publicly denounce ICE; seven adults were charged with criminal trespass after blocking store exits. The action, tied to a broader ICE-out movement linked to recent incidents in Minneapolis, drew faith leaders and local officials, while Target leadership said the company has no cooperative agreements with ICE and faced ongoing calls to take a stronger public stance.

via Chicago Tribune|
#chicago#civil-disobedience#ice
Target's Internal CEO Faces Crunch: Slumps, Unrest, and Change
business29 days ago

Target's Internal CEO Faces Crunch: Slumps, Unrest, and Change

Michael Fiddelke, promoted from within, becomes Target's CEO at a time of flat/declining comparable sales, a weakening business, and community tensions in Minneapolis, with the outgoing CEO remaining as executive chairman. He faces balancing urgent turnaround efforts with worker and community concerns, while navigating a board that may resist drastic changes.

via Business Insider|
#business#ceo-transition#michael-fiddelke
Target Employee Demonstrates Real-Time Tech Price Spikes
technology1 month ago

Target Employee Demonstrates Real-Time Tech Price Spikes

A Target employee posted on Reddit live screenshots showing dramatic, in-store price hikes for memory and storage products, including a SanDisk 2TB external SSD jumping from $200 to $520 and a WD 1TB Xbox SSD expansion card rising from $150 to $390; the trend is tied to AI hyperscalers bulking up datacenters, with broader price increases for RAM, GPUs, and prebuilt PCs and potential ripple effects for consoles, as seen online at Target.

via Kotaku|
#ai-hyperscalers#memory#price-increases
Minnesota CEOs urge deescalation after ICE actions and fatal shootings
business1 month ago

Minnesota CEOs urge deescalation after ICE actions and fatal shootings

More than 60 Minnesota-based CEOs, including Target’s incoming CEO Michael Fiddelke and 3M’s William Brown, signed an open letter urging deescalation and cooperation among federal, state, and local officials amid immigration enforcement actions and fatal shootings. The leaders call for a durable solution to let families, businesses, and communities resume normal activity, even as employee backlash and broader corporate activism around ICE grows.

via Axios|
#business#corporate-activism#ice
Target Acknowledges ICE-Related Disruptions, Reaffirms No Cooperation with Immigration Agents
business1 month ago

Target Acknowledges ICE-Related Disruptions, Reaffirms No Cooperation with Immigration Agents

Target’s chief human resources officer Melissa Kremer emailed employees acknowledging the stress caused by ICE activity in Minneapolis and outlining safety resources and de‑escalation guidance; the memo reiterates that Target does not have cooperative agreements with immigration authorities and notes updated internal procedures to help staff handle disruption near stores.

via Business Insider|
#business#hr#ice
Curtis Expands Frigidaire Minifridge Recall Over Fire Hazard
business1 month ago

Curtis Expands Frigidaire Minifridge Recall Over Fire Hazard

Curtis International is expanding the recall of Frigidaire-brand 6-can minifridges, model EFMIS121, with serial numbers A2001–A2310, sold exclusively at Target from 2020–2023. About 330,000 units are affected, adding to a prior recall of 634,000 units in July 2024. The recalled units can short internally and ignite the plastic housing, posing fire and burn hazards (six reports). Consumers should stop using the unit, unplug and cut the power cord, and register for a refund at recallrtr.com/minifridge; dispose of the appliance per local regulations. The recall was announced January 15, 2026.

via U.S. Consumer Product Safety Commission (.gov)|
#business#fire-hazard#frigidaire