Target to take revamped customer loyalty program nationwidePosted: Updated:
Here are the latest business headlines from Cheddar:
Target plans to take its revamped customer loyalty program nationwide after testing the program, known as Target Circle, in a handful of markets this year. The retailer says the pilot already has 2 million subscribers and that Target Circle subscribers spend more in stores and online. The program doesn't require a fee or a Target credit card.
Embattled Nissan CEO Hiroto Saikawa will leave the company, the Wall Street Journal reports. His departure follows speculation over his ability to manage the automaker after former chairman Carlos Ghosn was arrested last year for financial misconduct. Saikawa has also been accused of financial impropriety for taking more pay than he was entitled to. The Japanese company has been struggling to regain its footing after the Ghosn scandal.
The Food and Drug Administration has warned e-cigarette maker Juul to correct its marketing, threatening to fine or even seize the company. FDA officials specifically cited a presentation one Juul representative gave to students, claiming that vaping Juul was "much safer than cigarettes" and that the "FDA would approve it any day."