Despite its status as the biggest homegrown retailer, Target Corp. recently lost significant market share and forfeited its position as the Twin Cities’ go-to grocer.
In the years leading up to the pandemic, Target (NYSE: TGT) claimed the top spot from long-standing local favorite Cub Foods, and then continued to woo shoppers seeking a one-stop shop for all of their needs while social distancing. However, between 2021 and 2022, Target fell from No. 1 to No. 5, as its market share dropped from…
