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Stock impact report

Target to open 2,000th store [Yahoo! Finance]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
Company Research Source: Yahoo! Finance
This story was originally published on Retail Dive . To receive daily news and insights, subscribe to our free daily Retail Dive newsletter Dive Brief: Target will open its 2,000th store this year in Fuquay-Varina, North Carolina, as part of its broader brick-and-mortar expansion strategy, the retailer said in a Thursday press release. Located near Raleigh, North Carolina, the 148,000-square-foot store “represents the future of Target's elevated guest experience,” according to the company. The retailer plans to open more than 30 stores this year and more than 300 new stores by 2035. Dive Insight: Target's store openings announcement follows the retailer stating it would make a $1 billion operational investment to make “more changes within all stores than any year in the last decade.” The investment includes additional store payroll and training, along with an increase in spend on marketing and technology. That money is on top of the retailer's $5 billion capital expendi Show less Read more
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