Insight Report 5 minutes PremiumHow Target Leveraged its Direct Sourcing Strategy as a Competitive Differentiator Coresight Research October 24, 2019 Executive SummaryIn this report, we look at the key elements of Target’s direct sourcing strategy that have helped the company successfully build its collection of private labels. In the year ended January 2019, owned and exclusive brands accounted for around one-third of Target’s total sales. Part of Target’s success in private label has been building direct sourcing networks – especially from suppliers in China. Target has also focused for many years on sustainability initiatives that include operations, its stores and of course, supply chain – providing Target with the opportunity for greater customer loyalty as consumers expect retailers to be socially responsible (in an ESG, Environmental, Social and Governance framework). This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: The State of AI: Revisiting 2023 and Looking Ahead to 2024Weekly US and UK Store Openings and Closures Tracker 2024, Week 9: Macy’s Announces Store Opening and Closure PlansMarket Navigator: US Department Stores—Softness Ahead Despite Opportunities in Experiences and Alternative ModelsHoliday 2023: Black Friday Insights from Store Visits in the US and the UK