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Target Doubling Down on Development of Last-Mile Sort Centers

New Midsize Logistics Facilities Planned for 2022 in Sun Belt, Northeast
People exit a Target store in midtown Manhattan. The company said it would renovate 200 of its existing stores, retrofitting them with more hold space and pickup areas for online order fulfillment. (Getty Images)
People exit a Target store in midtown Manhattan. The company said it would renovate 200 of its existing stores, retrofitting them with more hold space and pickup areas for online order fulfillment. (Getty Images)
By Clare Kennedy
CoStar News
March 2, 2022 | 12:01 AM

Target Corp. reached a long-hoped-for milestone — $100 billion in annual sales — and company executives said Tuesday that the Minneapolis-based retailer is doubling down on physical expansion in an effort to stay ahead of its growth goals.

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