Target Donates to Louisiana Communities Following Devastating Floods
August 19 2016 - 8:00AM
Business Wire
The up to $400,000 donation includes cash,
in-kind and food donations, as well as team member matching
program
Target Corporation (NYSE: TGT) today announced a donation of up
to $400,000 to assist Baton Rouge, LA, and surrounding communities
affected by heavy rainfall and severe flooding this past week. The
donation includes $100,000 to both the Salvation Army and American
Red Cross to aid shelter and relief efforts. Additionally, the
retailer will donate $30,000 to aid recovery efforts for impacted
local schools. In the earliest days of the flooding, Target reached
out to local food banks to donate more than $100,000 of food, and
is partnering with local non-profits throughout the area to
distribute $20,000 in Target GiftCards for necessary supplies for
recovery efforts currently underway.
Target will also initiate a team member matching program, where
the company will donate up to an additional $50,000 to the American
Red Cross.
Complementing the monetary donations, Target team members are
volunteering their time to contribute to the relief efforts. Target
has six stores and more than 1,000 team members in the affected
area. The store teams have been working together to support one
another while also helping the community recover.
“Communities where we have a presence don’t just represent a
store to Target; these communities are home to many of our team
members and countless valued guests,” says Laysha Ward, chief
corporate social responsibility officer, Target. “We’re extremely
proud of our team members’ efforts, not only as volunteers, but
also in making sure our stores closest to the disaster areas are
ready with needed supplies. We're honored to work with incredible
partners like The American Red Cross and Salvation Army to provide
relief and comfort during the response and recovery.”
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests
at 1,797 stores and at Target.com. Since 1946, Target has given 5
percent of its profit to communities, which today equals more than
$4 million a week. For more information, visit
Target.com/Pressroom. For a behind-the-scenes look at Target, visit
Target.com/abullseyeview or follow @TargetNews on Twitter.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160819005239/en/
Target CorporationErika Winkels, Communications (612)
761-6729Target Media Hotline, (612) 696-3400
Target (NYSE:TGT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Target (NYSE:TGT)
Historical Stock Chart
From Apr 2023 to Apr 2024