Target staying stateside for now

MINNEAPOLIS ― Target has “no plans to expand internationally”, CEO Brian Cornell told Yahoo Finance this week. Rather, the company will focus on investing in its U.S. stores to ensure they can compete with Walmart and Amazon. Examples of that investment will include remodelling some 300 stores this year, expanding same-day delivery and opening smaller proximity stores near college campuses. Cornell took the reins as CEO in 2014, inheriting Target’s botched Canadian debut and overseeing its reversal.