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Transcripts for CNN Early Start With Christine Romans and Laura Jarrett 20240604 10:55:00

Higher priced drinks elsewhere. when you look at the examples, those must be loss leaders. you re getting in there and spending money on other stuff. that s the business strategy. they put the chickens in the back of the store. you ll pick it up, browse around. it s their loss leaders and good business strategy. talk to me about target. they re opening larger stores. what s the strategy there? this is another counterintuitive move. we ve seen so many store closures. target will be opening larger stores, 150,000 square feet which is 15% bigger than its typical stores. the key here, christine, is online shopping. target uses the stores as warehouses to ship customers their online delivery orders. and so target s going to be expanding the back room space by 5 times the previous amount and this is going to give workers more room to pack orders, ship them out and get them ready for ....

Business Strategy , Loss Leaders , Store Closures , Delivery Orders , Back Room Space ,