Retail growth in the United States is expected to outstrip other industries in the next 10 years. According to the Bureau of Labor Statistics, the retail trade industry is projected to add 687,000 jobs from now through the year 2016 and grow to an industry of $1.9 trillion.
Because both CVS Caremark and The TJX Companies, Inc., are facing near- and long-term critical shortages of supervisory and management staff to address this projected growth, the two companies have joined forces to find an innovative way to address their similar challenges.
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