This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Target Donates $100,000 For Tornado And Flood Relief In The South

Stocks in this article: TGT

Target Corp. (NYSE:TGT) announced today it has donated $100,000 in monetary support and product to assist with storm and tornado relief efforts impacting many Southern states. The donation includes a $55,000 cash donation to the American Red Cross, $20,000 in gift cards to local non-profits to provide items they need to help the community recover. Target will also donate $25,000 to aid in recovery efforts at impacted schools.

“Communities where we have a presence don’t just represent a store to Target; it’s home to many of our team members and countless valued guests,” said John Mulligan, interim president and CEO, Target. “Our team supports local recovery responses by volunteering and donating product and funds, in addition to making sure our stores closest to the disaster area are able to offer needed supplies. We are proud of the commitment to community our team members exhibit, and hope our support helps to provide relief and comfort during the recovery.”

On May 1, more than 50 team members across eight different Target stores in Arkansas volunteered in the affected communities. Their work included distributing food, medical supplies, clothing, and water; clearing debris from an area roughly the size of eight football fields; and going door to door to help residents with their various needs.

“The Red Cross is on the ground providing critical support to those affected by storms throughout the South,” said Neal Litvack, chief development officer at the American Red Cross. “Thanks to the help of donors, such as Target, we’re able to respond to the needs of disaster survivors in a moment’s notice.”

Target has a longstanding relationship with the American Red Cross, and is a partner as part of the nonprofit’s Annual Disaster Giving Program. In addition, Target teams spend countless hours preparing for disasters of any magnitude and will continue to help communities across the country before, during and after a crisis.

About TargetMinneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,916 stores – 1,789 in the United States and 127 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit through community grants and programs; today, that giving equals more than $4 million a week. For more information about Target’s commitment to corporate responsibility, visit target.com/corporateresponsibility.

For more information, visit Target.com/Pressroom.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs