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Target’s Apparel Comps Plunge 20% in March

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

The coronavirus pandemic has forced Target to rewrite its ambitions for 2020 and revise recently released plans for store remodels, small-size outposts and more. On Wednesday, the mass-market retailer announced that it will now revamp 130 stores this year, down from the original 300 planned. While remodels in progress will proceed, the balance will be…

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