Home › Senior Target executives fired as others resign over revelations...
 

Keywords :   


Senior Target executives fired as others resign over revelations...

2016-04-12 04:58:45| Agriculture - Topix.net

Senior Target executives fired as others resign over revelations they inflated the retailer's earnings by almost 40 PER CENT Senior executives at Target have lost their jobs over an accounting scandal after staff were caught trying to bolster the retailer's earnings by offering its suppliers price rises in return for rebates. Westfarmers launched an investigation into its staff after allegations ten Target employees colluded with overseas clothing suppliers to increase prices if they offered more rebates, which were taken as profit and boosted the retailer's December earnings by almost $21 million, the Sydney Morning Herald reported.

Tags: over senior target executives

Category:Agriculture and Forestry

Latest from this category

All news
21.05Ceres Tag names Animal Health Express, Inc. as exclusive supplier
21.05NPPC, Farm Bureau lead coalition to urge Congressional fix to Prop 12
21.05RAAA announces two staff promotions
21.05Standard Nutrition introduces Passel Farms; acquires Cactus Family Farms
21.052024 National feeder and stocker receipts down 6 percent from 2023
21.05Self-fed lick tubs for supplementing protein to grazing cattle
21.05USDA awards $300 million to diversify export markets for U.S. agriculture
21.05USDA awards $300 million to diversify export markets for U.S. agriculture
Agriculture and Forestry »
21.05ICP Group\'s APF Polymer Surfaces Debuts New Website
21.05Woosh Continues Steps Toward Circular Diaper
21.05Ceres Tag names Animal Health Express, Inc. as exclusive supplier
21.05P&G Professional Expands Laundry Care Lineup with Tide Laundry Detergent, Downy Fabric Softener
21.05Xitron introduces new offset prepress workflow
21.05NPPC, Farm Bureau lead coalition to urge Congressional fix to Prop 12
21.05BASF Expands E-coat Manufacturing Facility in Mangalore, India
21.05Tennesse Program to Provide Free Diapers to Families
More »