DENVER — Target Corp. is aiming to upgrade the stores to build upon the momentum of last year, when the firm generated the strongest retail segment profit in its history.
Gregg Steinhafel, chairman, president and chief executive officer of the Minneapolis-based discounter, told the annual meeting of shareholders here Wednesday, “The changes beyond food are so extensive, they resemble a brand new store.” He said there will be renewed emphasis on “more open, visually compelling departments.”
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