MINNEAPOLIS — Target Corp. here expects to handle perishable distribution completely on its own “within a time frame earlier than four or five years,” Gregg Steinhafel, president, told analysts last week. Until then, he said, “we will have a hybrid network for the foreseeable future where we are dependent on our own facilities and on Supervalu and C&S [Wholesale Grocers].” He reiterated plans for the company to convert a Supervalu grocery warehouse in Lake City, Fla., to a Target-owned ...

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