As consumer behavior undergoes dynamic shifts, grocery store formats are constantly evolving. Meeting the expectations of personalization and sustainability, grocery retailers are adopting diverse store formats and innovative strategies, influencing the ongoing evolution of grocery shopping.
Target's business strategy puts stores at the forefront of its flexible fulfillment approach, fulfilling more than 96% of total sales. In-store sales have increased from $84.9 billion in 2021 to $87.6 billion in 2022. Digital sales have increased from $19.7 billion in 2021 to $20.0 billion in 2022.