🎯 Target is investing $100 million into its supply chain through 2026.
The massive logistics overhaul is focusing on the company’s sortation hubs and the store’s redesign, meant to increase same-day fulfillment services. By the closure of 2026, Target is projecting 15 sortation centers to be completed. Each sortation center team should service between 30 and 40 Target stores.
Target is closing nine stores in California, Oregon, New York, and Washington due to increasing thefts and organized retail crime that have put the safety of employees and customers at risk.
Target has opened its first extension facility in Smyrna, Georgia, allowing the retailer to reach an additional 500,000 customers for next-day delivery in the Atlanta area.
Bud Light, produced by Anheuser-Busch, is the latest company caught in America's ongoing culture wars.
No need to get out of your car to return that candle of wicker basket you impulsively bought on your latest Target run.
The massive logistics overhaul is focusing on the company’s sortation hubs and the store’s redesign, meant to increase same-day fulfillment services.
The massive retailer is expanding its relationship with vendors in Central America as part of Vice President Kamala Harris’ “Call to Action for Northern Central America”.
The retailer will be focusing on these 150,000 square feet stores - about 20,000 square feet larger than its current average - over the coming years with new constructions and remodels.
Retailers are struggling with excess inventory and rushing to get it off the shelves before the holiday season.
Target & Walmart reported earnings this week and cited inflation as the primary reason for rapidly increasing costs.
Regardless of Wall Street’s bet on the retail company, Target revealed a 52% profit decline in Q1.
In response to pushback from conservative activists, Target has decided to limit the in-store availability of its Pride Month Collection to roughly half of its 2,000 stores.