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