MINNEAPOLIS — As Target Corp. here begins opening its own food distribution facilities, it expects profit margins to expand, even though expenses will rise, the company said during a conference call with analysts to discuss financial results for the second quarter, which ended Aug. 2. “The combination is a very solid economic proposition for us," Gregg Steinhafel, president and chief executive officer, said. Target opened its first semi-automated food distribution center earlier this month ...
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