• Target will invest about $4 billion annually over the next few years to speed along new stores, remodel existing ones and increase its ability to quickly fulfill online orders.
  • Among the moves, the retailer will test tech-enabled ways to restock shelves and new hubs that sort packages for more cost-efficient delivery routes.
  • CEO Brian Cornell said the company’s 2020 results are not a pandemic-related blip but the payoff of its long-term business strategy.

To read the entire article, click the link below.

https://www.cnbc.com/2021/03/02/target-to-invest-4-billion-to-speed-new-stores-expand-supply-chain.html

Tom is a construction estimator with over 35 years of experience in the industry from field work to general contracting.

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