Our more than 1,800 stores across the country are a strategic asset and a vital part of Target's future. "The company did not discuss details of the restrictions reported by Reuters, but said, "It's inaccurate to characterize lease agreements as our corporate strategy. "Reuters could not determine the full extent of limits on Whole Foods stores because lease deals vary from mall to mall, and many are not public. "Amazon wasted no time in making changes when the $13.7 billion Whole Foods deal closed in August. The challenge is in brick and mortar, and in multi-tenant shopping centers, you can't just do that."

Source: Economic Times October 24, 2017 05:15 UTC