Target to cut staff, close a distribution center
Discount retailer Target Corp. said Tuesday that it will cut 9 percent of its headquarters staff, close a distribution center and reduce planned new-store openings as it battles the weak economy.
Home improvement retailer Home Depot Inc, pressured by the slumping housing market, on Thursday said it would cut 500 jobs at its Atlanta store support center, or about 10 percent of the headquarters staff.