The company provided a three-year strategic framework intended to strengthen its U.S. and e-commerce businesses.
Net sales growth is expected to range between 3 and 4 percent annually over the next three years, translating to $45 to $60 billion over the period.
Investments in people and technology to drive strong shareholder returns over time.
Capital…
Investments in e-commerce and digital initiatives are expected to range between $1.2 and $1.5 billion in fiscal year 2016, up from approximately $1.0 billion, estimated for this year.
The company will add between 26 and 30 million net retail square feet worldwide next year, a decrease from this year’s anticipated 32 to 34 million square…