changing focus


Target Stepping Away From Innovation To Focus On Core Business

In an attempt to attract more customers and drum up sales in the face of fewer visitors and just so-so grocery sales, Target turned to innovation, creating prototype stores of the future and launching a super-secret project “Goldfish” that aimed on disrupting the retail landscape as we knew it. Those efforts are no more.  [More]

Eric Arnold

VW Focusing On New Electric Car Offerings To Make Up For Emissions Scandal

After admitting to equipping more than 11 million vehicles worldwide — around 500,000 in the U.S. — with illegal “defeat devices” designed to cheat emissions standards, Volkswagen is trying to undo that damage by focusing more on greener, electric vehicles.  [More]

Caitlin McNesby

Victoria’s Secret Set To Ditch Swimwear After This Year

Earlier this month, L Brands, the parent company of Victoria’s Secret, announced it would restructure certain aspects of the retailer’s business, but failed to provide specifics on the changes. But a filing from the company’s bank sheds a little light on just what could be cut from the company. First up: swimwear.  [More]

Discover Financial Ditching Home-Lending Business

Discover Financial Ditching Home-Lending Business

Just three years after getting into the mortgage origination business, Discover Financial Services plans to shutter its home lending operations. [More]