Target ($TGT@US) announced plans on Wednesday to invest $100 million in expanding its supply chain hubs, which will speed up and lower the cost of delivering online orders. The retail giant plans to open 15 new sortation centers by the end of January 2026. Target lowered its holiday-quarter outlook and announced plans to cut up to $3 billion in costs over the next three years as it continues to struggle with excess inventory and a drop in sales. Chief Global Supply Chain & Logistics Officer Gretchen McCarthy said that despite these setbacks, 40 percent of packages go through sortation centers and are delivered by Shipt, arriving at customers’ doors the next day, and Target aims to boost that number and meet consumer demand.