Target must make some people hungry, because a quarter of its shoppers head from the store to a restaurant. Another 25 percent or so eat out before their shopping trip. So maybe Target should capture some extra revenue by selling meals right on the premises. Or perhaps it could do a cross-promotion with neighboring food establishments.
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The numbers aren't guesses. Nor are they estimates based on customer surveys taken after the fact. They're actual measurements of where and when a sample of people spent their time, garnered by pinging the GPS receivers on their mobile phones. New services are popping up that track people in real time to give businesses a more detailed picture of consumer habits than ever before. The new tracking services go beyond location-based apps such as Foursquare, which require users to actively check in. Rather, these startups connect the dots of where you go without your doing anything at all.
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