Target CEO Brian Cornell said the discounter is well-prepared in the lead-up to the holiday shopping season to navigate the supply-chain challenges weighing on retailers and manufacturers of all kinds.
All it took was very, very careful forward planning.
“We have become much more agile. We have taken the steps we have had to take,” Cornell said at Yahoo Finance’s All Markets Summit.
For its part, Target ended the second quarter with inventory up $2.5 billion, compared to a year ago as it…
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