Target Doing Grocery

As we all know in Pennsylvania, New Jersey and Delaware, Target is expanding its grocery format at many of its stores.  


In St. Louis, Target is also making the move to convert stores.  Adding the expanded grocery (“PFresh”) is not to be confused with the SuperTarget format, which is substantially bigger.  However, I know it’s causing the Philadelphia area grocers and likely many around the country to take serious notice.  


The stat that caught my eye in the blog post highlighted below was Target plans to remodel 380 stores around the country this year.  So, based on news reports it appears Target’s store expansion seems to primarily be headed to Canada, but their spending significant dollars domestically to update their stores with grocery items.  


For more information on the grocery industry see David Goodman’s blog: Running with Equity Retail

Stltoday.com Blog Post