Target Enters List of Top-Ten Online Retailers
Target (NYSE: TGT) has become a digital sales leader. The company moved from the number 11 e-commerce company in 2019 to eighth place in 2020, according to an annual report from eMarketer.com.
The retail chain has grown its U.S. online sales from $3.08 billion in 2016 to a forecasted $8.34 billion this year. It's expected to grow its overall share of U.S. online sales from 0.8% to 1.2% during the same timespan.
Target offers same-day delivery via its Shipt service. Image source: Target.
Source Fool.com
