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 ...

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