Supply Chain Research

Retailer Target has reported earnings and guidance below analysts’ expectations. While growth in most categories was robust there was “softness in toys” and the firm was “disappointed with our performance in electronics” according to CEO Brian Cornell. U.S. seaborne imports linked to Target may have slipped in the new year with an 8.0% year over year decline in January and February combined. The firm “hasn’t seen a large impact on our business or outlook” from the COVID-19 coronavirus outbreak though it has “made some slight adjustments to our plans” for the rest of the year, CFO Michael...