Target will invest in its physical stores, digital experiences, fulfillment capabilities and supply chain capacity that further differentiate its retail offering and drive continued growth. Though news of Target’s 2022 expansion plans and potential $5 billion announced investment was announced shortly following the publication of my piece, that news was a welcome jolt to a beleaguered industry. Considering Target’s new inroads into other revenue-generating activities, do economists believe they will ultimately challenge Walmart’s dominance in other financial departments? Target and Walmart, 2022For comprehensive overviews of each company, see Target’s Wikipedia page here, and Walmart’s here. Over 5000 Walmart stores operate in the U.S. Target’s corporate website lists 1931 U.S. locations.

Source: CNN May 28, 2022 22:40 UTC