Target 'doubling down' on food, but effort will take time

Target 'doubling down' on food, but effort will take time

Target CEO Brian Cornell said Wednesday that the retailer was "doubling down" on efforts to transform its food business, but cautioned it would be a long ride.

"We're better off getting it done right than getting it done fast," Cornell said during a presentation for investors in New York.

The CEO noted that food — which he described as an $18.5 billion business at the 1,800-store retailer — had huge potential fo

Register to view the full article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish