Target’s March 3rd investor call recapping last year’s performance was almost as much about what the company said as it was about what was not said. Full-year revenue grew by 3.7% over last year and when compared to the general merchandise segment of the industry where sales for fiscal year (February 2019-January 2020) were down 1.2%, the results from Target demonstrate the strategies that have been put in place over the past few years are creating significant distance from its competitors.