Retailers’ Wage Increases to Attract Workers Aren’t Yet Denting Profits


Large retailers and other employers that hire hourly workers are continuing to lift wages, and so far have kept profits growing as well.

On Monday, Target Corp. said it plans to spend up to $300 million more this year on workers, which includes increasing pay and other benefits. Starting hourly wages at Target for store and supply-chain workers will range from $15 to $24, the company said.

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