Headlines

Target Increases Inventory

Attempts to improve in-stock levels

Published

8 years ago

November 30, 2015

Target Corp. (Minneapolis) has worked to increase inventory levels by up to 50 percent for many key items. The company has utilized the third quarter to stockpile products that tend to outsell during the holiday season.

The Wall Street Journal reports that CEO John Mulligan named in-stock levels as a key concern impacting the company’s slow sales growth.

The company has increased inventory by 4 percent over last year with sales growth for the third quarter at 1.9 percent over last year.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design