MINNEAPOLIS — As Target Corp. here begins opening its own food distribution facilities, it expects gross margins to benefit even though expenses will go up in the near term, the company told analysts during a conference call to discuss financial results for the second quarter and first half.
“The combination is a very solid economic proposition for us,” Gregg Steinhafel, president and chief executive officer of Target Corp. here, said during the call.
Target opened its first semi-automated ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.
Click here to read the FAQ page if you have any questions (opens in a new window)
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.