Target CEO: Online shopping alone won’t cut it, retailers also need great stores


Target CEO: Online shopping alone won’t cut it, retailers also need great stores


  • E-commerce isn`t everything: Most U.S. retail sales still take place at stores, Target CEO Brian Cornell tells CNBC.
  • Target is opening new stores across the U.S. and remodeling existing locations.
  • The company operates roughly 1,800 stores that allow it to fulfill online orders and grow Target`s digital business.

    While e-commerce sales are growing, stores will always play an important role in a retailer`s overall strategy, Target CEO Brian Cornell told CNBC on Thursday...

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RSK: Wow...nice return but I doubt it will last. Although Target is a step up from Walmart.

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- - Volume: 6 - WEEK: 9 Date: 2/27/2018 9:36:17 AM -