Target planning logistics overhaul for 2022

Target said it plans to spend $5 billion to expand its logistics operation in 2022

After reporting strong fourth-quarter and fiscal year 2021 earnings earlier this week, one of America’s largest retailers is setting its sights on delivery to grow even more.

Target Corp. (NYSE: TGT) has long been a staple of U.S. physical and digital retail, but up until last year, it hadn’t touched its logistics network in over a decade. The big box store added a pair of regional distribution centers last summer, but that was just an appetizer for this week’s main course.

Target announced...

https://www.freightwaves.com/news/target-planning-logistics-overhaul-for-2022

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