Target executives focus on better groceries and new stores near colleges
NEW YORK – Target Corp. executives told investors and analysts Wednesday that they expect to grow about the same rate this year as last year and charted a path to faster gains in 2017.
To do it, the Minneapolis-based retailer isn't looking at flashy moves like delivery by drones. Instead, executives said they are focused on more fundamental things such as making sure the company's website and apps work, store shelves are filled and groceries are fresh.
"These are the things that make Target work," Chief Executive Brian Cornell said at its annual financial community meeting here. "These are the building blocks of our future. And these are the things that will drive growth at Target for years to come."