Target Corp’s new food label Good & Gather will be a traffic driver that helps the retailer take a bigger chunk of the food business, experts say. “Target’s announcement that it was upping its food game with its new “Good & Gather” initiative is credit-positive as it will drive additional traffic, which in turn will drive increased sales of higher-margin private and exclusive non-food items,” said Charlie O’Shea, vice president at Moody’s. Target’s (TGT) Good & Gather will be available Sept. 15 and be comprised of more than 2,000 products by the end of 2020. Read More...
Target will take a bite out of its grocery competition with Good & Gather, experts say
Target Corp’s new food label Good & Gather will be a traffic driver that helps the retailer take a bigger chunk of the food business, experts say. “Target’s announcement that it was upping its food game with its new “Good & Gather” initiative is credit-positive as it will drive additional traffic, which in turn will drive increased sales of higher-margin private and exclusive non-food items,” said Charlie O’Shea, vice president at Moody’s. Target’s (TGT) Good & Gather will be available Sept. 15 and be comprised of more than 2,000 products by the end of 2020.
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