DENVER — Protests over Target Corp.’s handling of its acquisition of Zellers Inc. properties in Canada dimmed the mood of the U.S. discounter’s annual shareholder meeting Wednesday.
The Minneapolis-based retailer is guarded about business for the near term after slashing its second-quarter outlook. Speaking to shareholders inside a new, but bare, store location at 7777 East Hampden Avenue that will be unveiled next month, Gregg Steinhafel, chairman, president and chief executive officer, said, “We have a cautious view for the near term. First-quarter sales [of $498 million] fell short of our expectations.”
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"