Target will offer all employees a $200 bonus in stores and distribution centers during the ongoing COVID pandemic.  Bonuses totaling $70 million will be distributed among 350,000 eligible employees.

Melissa Kremer, Chief Human Resources Officer, stated, “In a year like no other I am proud of what our team has accomplished and grateful for the care and connection they have provided our guests and communities.”  She added, “The success of Target this year is a direct result of our team members turning our purpose into action and meeting our guests’ challenging needs day after day.”  The bonuses will not extend to workers of Shipt, a Target subsidiary.  This company recently announced that it would hire an additional 100,000 workers for the holiday season.  The company has elected to award bonuses to some shoppers on the basis of performance. 

For the second quarter of FY 2021ending August 1st 2020 Target Corp. (TGT) earned $1,690 million on sales of $22,696 million with an EPS of $3.38. For the corresponding second quarter in FY 2020 Target earned $938 million on sales of $18,183 million with an EPS of $1.83.