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How Target (TGT) Plans to Fix Its Supply Issues

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Target (NYSE: TGT ) is laying down the law with other retailers.

The company is fixing a number of issues in its supply chain. Retailers that help Target have a ready stock of products have not always been on time, or delivered at all.

The retail chain is raising late fees, creating tighter deadlines and making companies shell out as much as $10,000 if they fail to follow through.

These new supply policies will be in effect as of May 30.

TGT stock is down 0.4% Wednesday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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