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.

Share:
More In Business
Ford Cuts Production of F-150 Lightning Electric Truck
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Apple Overtakes Samsung as Top Seller of Smartphones
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Load More