Today is Prime Day, Amazon’s annual day of discounts that the retail giant hopes will rack up sales and lure new subscribers to Prime. Walmart, Target, Macy’s and other retailers are also getting in on what’s being dubbed Summer Black Friday. With all those packages on the move, the shipping industry is ramping up to […]
Minneapolis-based Target is raising its minimum wage by a buck, to $11 an hour starting in October. That will apply to the seasonal workers the company is trying to hire right now to staff stores and online fulfillment centers for the holidays. By the end of 2020, the company said its minimum wage will reach […]
This morning, we’ll hear from discount retailer Target on how it performed in the second quarter of the year. Last month, Target raised its guidance on sales at stores open at least a year. Analysts will be watching to see how its digital sales perform against big rivals like Amazon, which present ever increasing threats. […]
Target reports its earnings Wednesday. After months of slumping sales and profits, the retailer is getting back to retailing basics: Renovating stores and pricing grocery items more competitively. That strategy means the Minneapolis-based retailer is abandoning some of the more futuristic innovations it was experimenting with. Click the audio player above to hear the full story.
