Store credit cards allow retailers to drive repeat purchases and make a cut of cash. Even before a new CFPB ruling, the revenue segment was under pressure.
Target to spend $4 billion a year to speed up delivery as pandemic spurs online gains marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Target Corp will invest $4 billion annually over the next several years as the big box retailer upgrades stores and strengthens its online business, hoping to cement gains made during the pandemic that led to blowout holiday quarter results.