A sign at a Target store is pictured Thursday, June 24, 2021, in Oklahoma City. Target Corp. is joining a growing list of retailers and restaurant chains offering educational assistance at select online institutions for its front-line workers amid a fiercely competitive labor market. The Minneapolis-based discounter said Wednesday, Aug. 4, that it plans to spend $200 million over the next four years to offer its workers free undergraduate and associate degree programs in business-oriented majors at select institutions such as University of Arizona and University of Denver. (AP Photo/Sue Ogrocki)
Target Corp. is joining a growing list of retailers and restaurant chains offering educational assistance at select online institutions for its front-line workers amid a fiercely competitive labor market.
The Minneapolis-based discounter said Wednesday that it plans to spend $200 million over the next four years to offer its workers free undergraduate and associate degree programs in business-oriented majors at select institutions such as the University of Arizona and the University of Denver.
Like a slew of other big names like Walmart, Taco Bell and Disney, Target is teaming up with Guild Education, a Denver startup that negotiates deals between companies and colleges for the program.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
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