Target: high ticket
ride trends lower
'Essentials' ordered online,
delivered same-day steady
Target, the $109Bn+ sales US retailer, will report a growth slowdown in Q1'23 results tomorrow. CEO Brian Cornell will describe strong online ordering in food, bevs & WFH categories from its personalized Shipt same day delivery service. Analysts expect sales mix and shrink to have worked against the retailer...Full analysis here
