Highlights from Target’s 2020 Financial Community Meeting

What's Inside

Target’s recent investment community meeting was an opportunity for the company to celebrate its success in delivering 11 straight quarters of comp growth following a challenging few quarters in 2016 and 2017.

This report looks at the secret to Target’s success, including:

• Delpoying store-based technology solutions to reduce out of stocks for key SKUs.
• Expanding its digital offering and pick up options to drive growth as customers who buy through more channels and use more pick up options also spend more.
• Leveraging its Shipt acquisition to up not only its own delivery game but also to drive revenues by providing delivery services for other retailers—including some competitors.