The investments in its workforce are one reason Target's profit margins were hampered during the latest quarter.
Same-store sales for the full year were up 1.3 percent, Target reported Tuesday.
But Target's revenue and same-store sales for the fourth quarter top Street expectations.
The retailer's recent news does not bode well for the Doug McMillon and Marc Lore relationship, nor the larger industry, writes Christopher Walton, former vice president of Target's Store of the Future.
Credit Suisse initiates coverage on Target stock with an outperform rating.
Traditional retailers such as Target and Walmart are rolling out their own subscription boxes.
These days nearly everyone is getting into the subscription game, and it's Target's turn to play with one of its most popular private label brands.
While e-commerce sales are growing, stores will always play an important role, according to Target CEO Brian Cornell.
But it isn't alone; Walmart, Target and Kohl's are also grabbing share as the department store behemoth sheds stores, according to new research.
Prime members are driving Amazon’s apparel sales — and mostly, at the expense of Target.