MINNEAPOLIS — Target Corp. is focusing on organics, private label and meal solutions as it expands its food offering, the company said last week at a meeting with analysts.
Private label, led by the upscale Archer Farms brand, currently represents 15% of sales in the categories in which it is offered, and plans call for growing store-brand penetration about 2% to 3% per year for the next three to four years. New private-label products are expected soon in condiments, rubs and spices, frozen ...
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