Target (NYSE:TGT) is focused on inventory, assortment and supply chain issues this year as it looks to realign merchandising to better support online initiatives. The retailer is looking closely at categories to right-size assortment and negotiate new packaging and shipping protocols with vendors, with the goal of reducing inventory in back and reducing out-of stocks at the shelf.
“It’s going to be very surgical, category by category,” CEO Brian Cornell said at an investor event, according to The Wall Street Journal. “We are not taking a blunt instrument approach to this.”
