Wage increases took a bite out of Target’s profit in the fourth quarter even as its sales surpassed Street expectations and its digital channel continued to make impressive gains.
The 340,000-sq.-ft. project that promises to be New York City’s first and only outlet center when it opens in 2018 is 70% leased, according to developer BFC Partners.
Retailers took four out of the top 10 spots in a ranking of the best companies to work for — as ranked by employees — with regards to compensation and benefits.