TGT's store-as-hub model drives 96% of sales fulfillment and powers growth in same-day services despite headwinds.

Target also cut its guidance as President Donald Trump’s tariffs push up costs for the company. Target’s sales at stores open for at least a year tumbled 3.8% last quarter.

Target’s competition includes Temu, a unit of PDD Holdings Inc., Shein, Walmart Inc. and Amazon.com Inc., which started a low-cost online storefront called Haul that sells most items for under $20.

Reuters FILE PHOTO: A Target logo is seen on shopping carts at a Target store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly/File Photo ...

Target explores factory-direct shipping model, Bloomberg News reports By Reuters June 24, 20251:26 PM PDTUpdated June 24, 2025 ...