Turning Target News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Expecting 2013 to improve more than it has. >> so target is cutting back on holiday hiring. this year it plans to hire about 70,000 temporary workers, down from 88,000 a year ago. instead, target will offer more holiday hours to full-time staffers. steinhofel insists the change is not because he expects sales to be down but because shopping habits have changed. >> this is a time where there is greater transformation going on in our business than we've seen in a long time. it's really the convergent of a lot of factors. it's the physical retailers needing to be more dig teleand digital retailer...

Feels is an inability to come up with a cohesive plan for the economy. and then there's obama care. >> we spent a lot of time in washington helping to shape that legislation and to provide credibility around what is a large employer, what are the challenges that face target. clearly we will comply with everything but our objective is really to help make the legislation better. >> a lot of companies are saying part-time workers, you know, go to the insurance exchange to sign up, we're not going to foot the bill anymore. so what is target's stance? >> we haven't made any final decisions yet beca...

In an uncertain economy is. >> we got off to just a fantastic start and it seemed like the economy is really starting to gain some momentum and things softened up in the last half of 2012, and i think we were expecting 2013 to improve more than it has. >> so target is cutting back on holiday hiring. this year it plans to hire about 70,000 temporary workers, down from 88,000 a year ago. instead, target will offer more holiday hours to full-time staffers. steinhafel insists the change is not because he expects sales to be down but because shopping habits have changed. >> this is a time where the...

Law. they have made changes. >> well, i mean, i think it's bad policy. polling shows just pew research this week, americans don't want it. we're going into -- we're turning into a part-time economy. 77% of the jobs that have been created are part time because of this law. >> let me add something else because i just interviewed the ceo of target, right? and, you know, he's worried about the economy. he really is. it's affecting his business. but what he said to me, washington has to get its act together and come up with a cohesive plan. it's really the bickering going on in washington that's af...

Over a possible government shutdown and debt default. i got that word first hand when i sat down exclusively with greg steinhofel, the ceo of target. the second largest retailer in the country. >> one, two, three! >> reporter: it's a great day for c.l. gidian's elementary school kids where a smile could be had for a song. >> what do you got? you got me, baby, and that's a lot. >> reporter: target is part of the billion-dollar commitment to education. revamped the school's library and even restocked the shelves. >> giving back is part of our dna. >> it's perhaps the most enjoyable part of his j...