Despite losses and cuts, retailer stays committed.
It's hard to feel warmth for big corporations these days, but the natoin's foremost retailer of the modesty priced and well designed, Target, is giving its fans a rnu for their (depleted) money. The Minneapolis-based company announced yesterday tha tit would continue its long-running program of donating 5 percent of pre-tax profits to charity, recession or not. Target's proimse may not, however, warm the hearts of the 1000 workers cut since the economic downturn, nor the employees of an Arkansas distribution center closing later this year.
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