While all retailers need to worry about online growth and the expansion of Amazon, Target CEO Brian Cornell said Thursday that with the new urban stores, Target is seeing it can attract new customers. Target had started testing same-day delivery at a store in Manhattan this past summer, letting shoppers have purchases made in the store delivered to their homes for a fee. Cornell says shoppers are spending six times more than the average shopping basket at that store when they use the same-day service. It plans to start same-day delivery service at two other stores in Brooklyn on Friday, and Cornell says he envisions Target expanding same-day service to other urban markets. ——The version corrects in the third paragraph that Target plans to operate, not open, 130 small-format stores by the end of 2019.

Source: National Post October 19, 2017 16:42 UTC