Target CEO Isn’t Scared of Amazon’s Grocery Foray as Online Sales Jump 31%

2019-3-6 18:18

The chairman and CEO of Target Corporation, Brian Cornell, has revealed that among the things that he worries about as the company head, the encroachment of Amazon in the grocery space is not one of them, according to Yahoo Finance.

According to Cornell, the reason he is unmoved is that success in the grocery business comes after a long period as the sector is a ‘challenging space, there’s lots of competitors’. Cornell was reacting to an earlier report by the Wall Street Journal that Amazon is planning to unveil brick and mortar grocery outlets in major U. S. cities. Amazon to

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