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Target bets on e-commerce by investing $100 million in hubs to speed up delivery

by Index Investing News
February 22, 2023
in Stocks
Reading Time: 1 min read
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  • Target said it will spend $100 million to build a larger network of sortation centers that speed up and lower the cost of delivering online orders.
  • The big box retailer is pressing ahead with its e-commerce strategy, even as it anticipates slower sales.
  • Target will report its holiday-quarter earnings Tuesday.

https://www.cnbc.com/2023/02/22/target-bets-on-e-commerce-invests-in-delivery-hubs.html

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