Target adds 3K food and beverage items in Q1
The retailer is working to turn its grocery department “into a reason [shoppers] choose to come to Target,” its merchandising chief told investors.
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The retailer is working to turn its grocery department “into a reason [shoppers] choose to come to Target,” its merchandising chief told investors.
The retailer’s Q1 performance beat expectations and boosted confidence in its turnaround efforts — but it’s still early innings for the multiyear strategy.
Jeff England, who worked to improve inventory availability at QXO, will join the retailer on May 31 as it seeks to strengthen in-stock reliability.
While still in early stages, Target's efforts to revitalize the business appear to be paying off, reporting 6.7% net sales growth in Q1.
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