Target will increase 2026 capital spending to about $5 billion to fund the new store openings and remodels.

Target's 2,000th store is a 148,000 square-foot location in a suburb of Raleigh, North Carolina, that will feature the ...

Michael Fiddelke, who took the top job Feb. 1, admits the retailer lost its way and promises a reset.

In addition to facing stiff competition from Walmart and Amazon, it lost liberal customers after scaling back Pride displays and rolling back DEI programs.

Target's turnaround strategy focuses on "busy families" and returning to its reputation as a store with trendy products, executives said.

Target plans to spend billions of dollars this year to end a persistent sales slump and to regain its image as a fun place to shop for stylish clothing, housewares, beauty products and packaged food ...

Target's new CEO says the company will prove it can regain the public's trust after slumping sales and political backlash.

New Target CEO Michael Fiddelke is earmarking $1B of a $2B brand refresh for capital expenses to develop new stores and renovate existing locations, SeekingAlpha reported. The company aims to open 30 ...

Target has been lagging behind its main rival, Walmart, but a new CEO is trying to change that.

CEO Michael Fiddelke, who took the helm last month, told investors the company plans a number of changes to “get Target back to growth,” including improving its selection of products and redesigning ...