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With 19% of online sales, Target reinvests US$100 million in e-commerce logistics

The supermarket chain has announced that it is investing US$100 million in its e-commerce logistics to build six new order preparation centres by 2026. With this investment, Target is capitalising on its profitability driver: e-commerce. Interestingly, the company has reached a ceiling in its online sales last year.

Through Bleuenn Fequant. Published on 20 March 2023 Ă  10h25 - Update on 03 April 2023 Ă  15h52

On 22 February, Target announced a budget of US$100 million to develop its online sales services (home delivery, drive and click & collect) over the next three years. This investment will fund the opening of six additional fulfillment centres in the USA by the end of 2026 (up from 9 today).…

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E-commerce Barometer 2022: European e-tailers close to the glass ceiling