Tagged: Target Corp.

Update: Walmart Raises Wages, Closes 63 Sam's Clubs

Update: Walmart Raises Wages, Closes 63 Sam's Clubs

Walmart confirmed that it is closing dozens of Sam's Club warehouse stores across the country — a move that seems sure to cost jobs — on the same day it announced that it was boosting its starting salary for U.S. workers and handing out one-time bonuses to others. read more >

Target Sees Highly Competitive Holiday on the Way

Target Sees Highly Competitive Holiday on the Way

A cautious outlook on the crucial holiday season overshadowed progress Target made in bringing more customers to its stores, pulling its shares down sharply. The shares of other retailers fell as well, even though overall economic figures show people still spending. read more >

Target to Up Hourly Base Pay to $15 by End of 2020

Target to Up Hourly Base Pay to $15 by End of 2020

Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020 in a move it says will help it better recruit and retain top-quality staff and provide a better shopping experience for its customers. read more >

Cameron Smith & Associates Expanding

Cameron Smith & Associates Expanding

Whispers

Cameron Smith, founder of the executive recruitment firm Cameron Smith & Associates in Rogers, says business has been good, so good that the firm has opened an office in San Antonio and is looking at offices in Chicago and Nashville, Tennessee, as well. read more >

Wal-Mart-Backed MCX Postpones Rollout, Cuts 30 Jobs

Wal-Mart-Backed MCX Postpones Rollout, Cuts 30 Jobs

Technology & Telecom

Merchant Customer Exchange (MCX), a developer of mobile payment technology whose strategy has been thrown into question by big retailers developing their own mobile wallets, is postponing the nationwide rollout of its service and cut 30 jobs. read more >

Wal-Mart Sets Off  Minimum Wage Race

Wal-Mart Sets Off Minimum Wage Race

Cover Story

Wal-Mart Store Inc.’s announcement in February that it would start paying employees $9 an hour this year and $10 in 2016 touched off a minimum wage arms race. read more >

Target to Close 133 Canada Stores to Stem Massive Losses

Target to Close 133 Canada Stores to Stem Massive Losses

Target is closing shop in Canada. More than 17,600 employees will eventually lose their jobs when the U.S. discount retailer closes its 133 Canadian stores after only about two years to end financial losses that went as high as a billion dollars a year. read more >