Target to invest $75 million in fresh round of staff bonuses

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Target Corp.
TGT,
-0.23%
said Thursday that it will spend $75 million on another round of worker bonuses. Full-time and part-time frontline team members will be eligible for a $200 recognition bonus. More than 340,000 workers will get the extra pay. Target has given its workers a number of bonuses throughout the pandemic. Target stock has soared more than 47% for the year to date while the S&P 500 index
SPX,
-0.54%
has gained nearly 18% for the period.

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