Target to Greatly Expand Pickup and Delivery in Autumn

Though currently at the height of summer shopping season, Target (NYSE: TGT) is already looking forward to autumn, Thanksgiving, and the December holidays in its latest retail update. The major chain is responding to the ongoing coronavirus hazards by adding 20,000 items across multiple categories to the list of those available for delivery, curbside pickup, and other zero-contact or limited-contact shopping methods. It also plans to close all its stores on Thanksgiving Day to reduce crowding.

Target notes that it already has "dozens" of safety protocols to make transmission of the coronavirus much less likely. But it is also planning more steps for later in the year, with CEO Brian Cornell noting "a joyful holiday will be inseparable from a safe one, and we're continuing to adjust our plans to deliver ease, value, and the joy of the season."

A Target storefront.

Image source: Target.

Target has already started offering grocery pickup at more than 400 Midwestern locations and continues to expand the program. It said in its latest press release that the 20,000 items slated for pickup availability will soon include not only fresh and frozen groceries and similar essentials, but also gifts "and everything in between."

The retailer says it intends to start holiday-savings pricing early this year as well, beginning in October rather than later in the fall or early winter. It says that the extended shopping season is meant to reduce crowding in stores for greater health and safety. The company also says its stores will be closed on Thanksgiving Day and it urged customers to shop at other times, noting that they can benefit from savings without long lines.

10 stocks we like better than Target
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Target wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks


*Stock Advisor returns as of June 2, 2020


Rhian Hunt has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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


More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.