Target Investing in Employees, Controlling Costs: CFO

The transcript discusses various business strategies, including wage investments, labor market challenges, consumer spending amidst inflation, and supply chain management. It highlights the importance of investing in employees, retaining talent, and adapting to market conditions. The discussion also touches on the impact of global events like the Ukraine situation on supply chains and market share gains.

What was the company's strategy to attract and retain employees in a competitive labor market?

• Offering stock options

• Increasing starting wages and providing additional benefits

• Reducing working hours

• Implementing a remote work policy

How did the company achieve growth in the fourth quarter despite inflationary pressures?

• By increasing product prices

• By reducing operational costs

• By attracting more customer traffic

• By expanding into new markets

What is the company's approach to handling inflationary cost pressures?

• Passing all costs to consumers immediately

• Focusing on protecting value for guests

• Cutting employee benefits

• Reducing product quality

How does the company manage supply chain challenges during global events?

• By maintaining a sophisticated supply chain

• By relying on local suppliers only

• By halting production temporarily

• By reducing inventory levels

From where has the company gained market share over the last couple of years?

• From luxury brands

• From online-only retailers

• From smaller businesses

• From international markets