The Pandemic Has Proven Target Is a Top Retail Stock
Target (NYSE: TGT) has long been viewed as one of the retail stocks on the losing end of e-commerce, and there are some valid reasons behind that. The company's website has never been particularly successful when compared to Amazon, and Target's lure was always its big, clean stores with a broad and curated selection of products, which didn't quite translate online.
When the pandemic hit, it would have been easy to assume that Target would be one of those struggling to keep up as people shopped online. But Target has actually been a huge winner during the public health crisis, and it's because the company is leveraging its physical stores with digital solutions.
Image source: Target.
Source Fool.com
