NYSE:TGTConsumer Retailing
How Target’s US$1 Billion Store and Tech Upgrade Plan Will Impact Target (TGT) Investors
Earlier this month, Target outlined a multi-year turnaround that includes more than 30 new stores in 2026, about US$5.00 billion of capital spending on remodels, technology and supply chain, plus hundreds of millions of dollars of added store payroll and training, while maintaining its quarterly dividend at US$1.14 per share.
Alongside these investments, Target is cutting prices on over 3,000 items and leaning into exclusive and emerging brands like Keracolor, Slate Flosser and Liquid Youth...