Fresh Food Right on Target
Although Target drives a smaller percentage of its overall sales from grocery — less than 20% compared with nearly 60% at Wal-Mart, according to Johnson’s estimates — fresh food offerings in new and renovated stores helped drive traffic and sales during the quarter, Target said during a conference call discussing results. Food, health and beauty “continue to lead the way,” in Target’s sales mix, Kathryn Tesija, Target’s executive vice president ...
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