NYSE:TGTConsumer Retailing
Target Expansion And Leadership Reset Raise New Questions For Investors
Target, NYSE:TGT, plans to open more than 30 new stores in 2026 and 300 by 2035 as part of a broad expansion of its physical footprint.
The company is reshaping its leadership team under a new CEO while reorganizing corporate functions to shift more resources toward stores.
Management is putting heavier emphasis on in store staffing and customer service after recent declines in sales and foot traffic.
Target shares most recently closed at $115.66, with the stock up 15.1% year to date, but...