Target Corporation (TGT) News: Cozy With Time Warner Inc. (TWX), Fresh Recruitment & An Amazon.com, Inc. (AMZN) Decision

Page 2 of 2

Target to hire 200 for new Denver store (BizJournals)
Target Corporation (NYSE:TGT) will begin hiring 200 new employees for its new Tamarac Square store with a three-day job fair that starts Thursday, the company said Tuesday. The 135,000-square foot store, at the corner of East Hampden Avenue and South Tamarac Drive, is scheduled to open in July. It’s one of 11 stores the Minneapolis-based company Target Corporation (NYSE:TGT) is opening nationwide in 2013. It will be the 42nd Colorado store and the 29th in metro Denver.

Why Target Ditched Amazon (WSJ)
Target Corporation (NYSE:TGT)’s decision to run its own website after outsourcing it to Amazon.com, Inc. (NASDAQ:AMZN) for a decade is helping the retailer better integrate the in-store and Web experience. Although, the transition did not come without a cost: Target Corporation (NYSE:TGT) experienced two major outages in September and October of 2011, shortly after it moved the site. Target Corporation (NYSE:TGT) is among a growing number of companies including General Motors Co. , to take back previously outsourced information technology operations in order to maintain better control. For Target Corporation (NYSE:TGT), the move frees up the retail giant to experiment with new services such as same-day delivery or the Cartwheel service as well as allow for real-time access to retail data. These types of services are designed to make the customer experience at Target Corporation (NYSE:TGT) unique, according to executives. Target Corporation (NYSE:TGT) is betting that the combination of online and in-store technology will counteract the competitive threat from Amazon.com, Inc. (NASDAQ:AMZN).



Page 2 of 2