MINNEAPOLIS -- Target's food sales are growing faster than its general merchandise sales, according to Robert Ulrich, the company's chairman and chief executive officer. Speaking at a press conference following the retailer's customarily terse annual shareholders meeting, held May 18 at the Minneapolis Art Institute, Ulrich said SuperTarget will represent about 25% of company growth in the future, using a 175,000-square-foot prototype. The retailer is also boosting food in its discount ...
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