Target said same-store sales during November and December were up just 1.4%, compared with growth of 5.7% a year earlier.
Business Insider spoke with over 50 former and current Target workers, many of whom said that the modernization program has changed their stores for the worse, making their jobs unbearably stressful and, in some cases, unsafe.
CNN Business interviewed 23 current and former Target employees in recent months, including department managers, who say hours have been scaled back even as Target has increased starting wages.
-- Nathaniel Meyersohn, CNN Business
The best way of assessing supply and demand in the market is to look at the price. The price of labor is wage growth. And until we see wage growth net of productivity climbing at above 2%, we're not really at maximum employment yet.
-- Minneapolis Fed president Neel Kashkari, interview with Axios