Fortune 500
TargetRANK32
The internet’s favorite department store chain continued to thrive in 2021, as profit increased by 59% and revenue by 13.3% compared to the year before and shoppers’ behavior settled into a new normal. Drawing in customers has presented less of a problem for Target than recruiting and retaining employees in a tight labor market. Investing $300 million in initiatives to expand pay and benefits, Target announced in August 2021 that it would offer to pay college tuition and associated expenses for more than 340,000 full- and part-time employees. And in March 2022 the chain said that it would raise its minimum wage (depending on the role) from $15 an hour to as much $24 hourly.
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Lists ranking Target
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75 Best Large Workplaces for Women - 2021The companies on this year's list make a conscious...view in list
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Latest news for Target
- RetailWhy retailers like Amazon and Target are getting an early jump on Black Friday dealsOctober 4, 2021 11:30 PM UTC
- CommentaryApple and Target retail guru Ron Johnson: Commerce at home will change the way we shopSeptember 21, 2021 11:01 AM UTC