Accuracy in Media

Target CEO steps down in Aftermath of Cyber Attacks

WASHINGTON — Target, the major retail chain, has seen their chief executive officer resign after a major data breach scandal rocked the company last year. Reuters reported that CEO Gregg Steinhafel has resigned after the scandal, which shook customer confidence in the retail giant enough to trigger congressional hearings in Washington, D.C. Target is the […]

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JC Penney to close 33 Stores to Stem Losses

WASHINGTON — It looks like the retail store JC Penney will close 33 stores and cut about 2,000 jobs in order to remain profitable. Reuters reported that JC Penney’s chief executive Myron Ullman said that the action “addresses a strategic priority to improve the profitability of our stores.”  It is the second major American retailer […]

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Best Buy warns of Holiday Season Slump

WASHINGTON — Best Buy, one of the last electronics store chains left in the U.S., warned that its big promotional season for the holidays between Thanksgiving and Christmas could lead to small margins in the last quarter of the 2013 year. Reuters reported that Best Buy is competing with the likes of Wal-Mart, Target and […]

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The American Dream? Temporary Workers on the Rise

WASHINGTON — In signs of a changing corporate strategy, part-time and temporary workers are the new norm. Reuters reports that Wal-Mart is shifting to this strategy and seems to be focused on cutting costs. This temporary worker hiring spree is one of the first times that a retailer has hired temporary workers in high volume […]

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November 2016

11/28/2016 - New Target Boycott Underway under Hashtag #AnywhereButTarget

May 2014

5/7/2014 - Target CEO steps down in Aftermath of Cyber Attacks

January 2014

1/18/2014 - JC Penney to close 33 Stores to Stem Losses

November 2013

11/23/2013 - Best Buy warns of Holiday Season Slump

June 2013

6/19/2013 - The American Dream? Temporary Workers on the Rise