Target hikes minimum wage up to $24/hour for some workers
"The market has changed. We want to continue to have an industry-leading position.” —Target CEO Brian Cornell to The Associated Press. “It's just a good business decision to keep on raising hourly wages for workers as it will help retain the top talent that is driving strong sales and profits.” — Target CFO Michael Fiddelke.
Will Walmart Keep Their Prices Down Amidst Lawsuits and Surging Inflation?
This article is free of opinion and bias, and is based solely on international statistics and accredited media reports. All listed facts within this article are fully-attributed to several economic experts and media outlets, including CBS News, MoneyInc.com, Forex indicator FFSSI.com, QuerySprout.com, Reuters, The Los Angeles Times, CNBC, Wikipedia, and CorpResearch.org.
Is Your Neighborhood Walmart Planning to Permanently Shut Its Doors?
Following widespread Walmart closings in 2016, reports questioned if the chain was preparing to close for good. Those reports have been renewed in the era of Covid-19. According to CNBC, Walmart temporarily shut nearly 60 U.S. stores for Covid cleaning in December of 2021. See here for story.