Target joins crowd of big US retailers seeking store expansion
From Nasdaq:
Retail chains in the U.S. are shifting gears by opening new stores to gain market share. Walmart, Target, and others are expanding their physical footprint following years of closures. Despite online competition, consumers still visit stores for services like order pickup. Target plans to open 300 new stores over the next decade, focusing on food offerings to boost sales. Walmart also plans to build over 150 new stores and remodel existing ones to enhance its presence. Macy’s will open more luxury Bloomingdale’s and Bluemercury locations while closing 150 traditional stores to prioritize high-end brands.
Read more at Nasdaq: Target joins crowd of big US retailers seeking store expansion