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Target to Raise Wages, Extend Free Shipping on Positive Q4

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Despite strong sales and foot traffic, the market balked at lower-than-expected earnings during Target’s fourth quarter, as well as the news that the retailer is pushing ahead with both online and in-store investments. In a Nutshell: Target announced plans to increase starting wages to $12 starting with current employees this spring. By the end of 2020,…

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