Target will increase 2026 capital spending to about $5 billion to fund the new store openings and remodels.
Target said it plans to open more than 30 locations this year, part of the retailer’s strategy to drive long-term, sustainable growth by investing in its stores.
Target's turnaround strategy focuses on "busy families" and returning to its reputation as a store with trendy products, executives said.
The new C.E.O. said the company would focus on home décor, apparel and pop culture trends in an effort to reverse years of sales declines.
Target is upgrading 130 stores and adding 30 new ones in 2026, expanding grocery sections to attract customers and build ...
Target is trying to reverse the slump it has been in. Instead of trying to be everything to every shopper, it will focus on a ...
Target is trying to win shoppers back, but its current strategy may not work.