Target Will Raise Minimum Wage Standard

　　 American Department Store Group Target Corp. (NYSE:TGT) Taghit department store will raise its minimum wage to $9 per hour from next month. Prior to that, its counterparts TJX Companies Inc. (NYSE:TJX), Wal-Mart Stores Inc. (NYSE:WMT), WAL-MART, all launched similar initiatives, and indicated that the minimum wage would be further raised to $10 per hour next year.

Target Corp. Taghit At present, there are 34700 employees in the United States, and the company says the minimum wage in 1800 stores has been higher than the federal government's minimum wage of 7.25 dollars / hour.

US retailers have raised minimum wage In addition to responding to the Obama administration, the standard also shows that the economy has recovered and consumer confidence has risen, while employment rate has declined. According to the Ministry of labor data, the retail sector's wage rose 2.8% to 17.33 US dollars per hour in February, an increase of 2% over the US overall wage standard.

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What was the development of Li Ning Co in 2015? In March 19th, when Lining interviewed several media outlets, he also said, "we hope to turn around the deficit this year". The company's current electricity business accounts for about 5% of its revenue, and there is still room for growth.

Will there be multiple counterattacks? For this reason, many journalists who interviewed the industry questioned that if the Li Ning Co with a lack of leaders had diversified development again, it would not only burden the Li Ning Co in the deep reform and transformation, but also make the busy Lining who was looking for the new leader busy.

According to the reporter, in 2015, Lining launched a series of vertical integration measures based on the core category business cluster as the main content. He tried to form vertical integration management from seven aspects of market analysis and commodity planning, so as to make the core category a profit center for the development of the company.

At the same time, Lining also plans to open 500 new stores and strategically lay out the South market. But it is worth mentioning that East China, North China and northeast markets have been Lining's dominant sites, and South market is the base of Jinjiang's brand.

According to an insider close to the Li Ning Co, the reformed Li Ning Co seems to be lagging behind the rigid market reaction mechanism of other sports brands although it appears to be taller and more internationalized. Its reaction speed and the ability to deal with emergencies are relatively weak and bureaucratic is serious. At this time, Lining's high profile coming out of the mountain is still the key and the biggest challenge for how to perfect the mechanism in an instant.