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Highlights from Target’s 2020 Financial Community Meeting

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Coresight Research

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.
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