Target Shoppers’ Resilience, Eliminating Inefficiencies, Retail Data Goldmine

Target

Retailers are working to update schedules rife with labor inefficiency. Plus, Target consumers helped the retailer continue its growth during the COVID-19 pandemic, and ACI says that retailers have a “goldmine of data” on consumer preferences.

Data:

$6.6B: Target’s total sales growth in the last two years, up 36 percent.

50%: Share of retail employees’ hours scheduled when no sales are made.

140: Number of Target stores expected to be remodeled by end of 2021.

50%+: Percentage of EY Global employees who want flexibility in their work schedules.

33%: Share of retail shoppers who would like to pay using contactless cards.