"While the news is a gut check to legacy retailers that are struggling to adapt to modern retail realities, this is not a development that comes as a surprise."
The nation’s largest toy store retailer is making preparations to liquidate its operations in the United States, Bloomberg reported late Thursday afternoon.
In a Q&A posted on its website, Stephanie Lundquist, Target’s chief human resources officer, discussed the wage hikes and what they mean for the company.