Once developed, the new Target stores are expected to boost sales by US$15bil annually. — Reuters
NEW YORK: Opening new stores is back in style – at some US retail chains. Executives at several major retailers in recent weeks have touted the chains’ efforts to gain market share by adding new locations.
Target, for instance, is adding 300, Walmart 150, Sam’s Club 30, Bloomingdale’s 15 and Bluemercury at least 30.
