More information is available at Nrffoundation. From its headquarters in Washington, D. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies.
And we've got to make sure that we represent our company principles, our values, our company purpose on the issues that are important to our teams. Last May, in the days that immediately followed, Cornell said Target put together a special committee to look at steps the company could take to make its workforce, C-suite and business practices better reflect the country's diversity.
He said Target considered how it could support and provide advancement opportunities for Black employees, play a role in communities and "use our voice on a national level, as we impact civic discussions and policy.
Target is one of many companies that have pledged to do more to advance racial equity after Floyd's murder prompted protests in major cities and across the globe. The company created a new program to help Black entrepreneurs develop, test and scale products to sell at mass retailers like Target.
Deadline: Wednesday, November 24, Submit a Nomination. Related Content. Target smashes Wall Street forecasts as shoppers return to stores. Here's who won:. As I wrote in October: To compete against Amazon, Target and other chains embraced the one resource the digital giant lacked—thousands of physical stores.
Thanks to billions in tech upgrades, Cornell and his peers transformed thousands of massive stores, long viewed as expensive and fast-aging liabilities, into hyperlocal distribution hubs that are now powering in-person and digital shopping alike. And now, I have 1, fulfillment centers across the country. That speed is essential. More speed requires more skill. Retail jobs, traditionally high in stress and low in pay, are now more challenging—and rewarding—under this new hybrid of physical and digital shopping.
Companies are spending billions to train workers on the new systems and are upping pay and perks to keep workers—and keep them motivated. As retail workers become critical in supplying people with food, medicine and supplies during the pandemic, companies are upping paid sick leave, childcare and education benefits.
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