Target will increase 2026 capital spending to about $5 billion to fund the new store openings and remodels.
In some cases, Target is on track to take over buildings vacated by long-gone retailers.
Target announces big retail strategy shift as customers question whether it will work.
Target's turnaround strategy focuses on "busy families" and returning to its reputation as a store with trendy products, executives said.
The big-box retailer is trying to win back shoppers who have complained about sloppier stores, out-of-stock items and longer ...