ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Target keeps eye on supply chains as demand for essentials soars

US retail giant coordinates with vendors to maintain inventories, CEO says

A shopper carries a Target paper bag in New York City's borough of Manhattan on March 1. The company has enjoyed a surge in traffic to stock up on essentials.   © Reuters

NEW YORK -- Coronavirus-fearing American shoppers have raided such stores as Costco, Walmart and Target for nonperishable foods and household supplies.

And although retail sales are expected to rise, investors are more concerned about the impact on supply chains, judging by Target's earnings call Tuesday for the fourth quarter ended Feb. 1.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more