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Target CEO: Price is the Lever ‘We Pull Last, Not First’

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Target increased total revenue 9.4 percent to $31 billion on net income of $1.54 billion in its fourth quarter. For 2021, the mass merchant surpassed $100 billion in revenue for the first time. Despite coming up short of analyst estimates of $31.39 billion in revenue, the earnings beat propelled Target stock as much as 11…

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