Goal Company (NYSE:TGT) introduced that it plans to take a position $100M with a purpose to broaden the retail big’s provide chain sortation community to greater than 15 amenities by the top of 2026. The initiative will convey Goal’s (TGT) next-day supply capabilities to friends throughout main U.S. markets.

In the meanwhile, Goal (TGT) has sortation facilities in Minnesota, Texas, Colorado, Illinois, Georgia and Pennsylvania – in addition to the three most up-to-date amenities within the larger Chicago and Denver metro areas. With the brand new funding, Goal (TGT) plans to construct greater than a half dozen further amenities.

The retailer mentioned sortation facilities and the Final Mile Supply capabilities will assist the general visitor expertise and profit the enterprise. “Now greater than ever, our friends depend on us to ship their on a regular basis necessities and Goal favorites when they need and want them most,” mentioned Goal World Provide Chain exec Gretchen McCarthy.

Goal (TGT) is because of report earnings on Febraury 28. Consensus estimates for the vacation quarter are for income of $30.7B and EPS of $1.41. The Minneapolis-based firm has beat income expectations in 12 of the final 16 quarters, however has missed EPS marks in three straight quarters.