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4.10492180123595E-05 0.0005746890521735 -0.00114937810434712 -0.00332498665900416 -0.00242190386273143 -0.00242190386273143 -0.000369442962111586 -0.00513115225154961
Stock impact report

Target bets big on upgrades, beauty push to win back shoppers: 'Not an everything store' [FOX Business Network]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Target's new CEO says shoppers will soon see cleaner shelves, shorter checkout lines and revamped home and apparel sections as the retailer rolls out a $5 billion overhaul aimed at reviving sales. "If I were to step back and draw a heat map of the entire store, highlighting where we're making changes this year, you'd see more change to what we sell and how we sell it than you've seen in a decade," CEO Michael Fiddelke told investors during a Wednesday earnings call. The company plans to spend more than $2 billion this year, including $1 billion for new stores and remodels and another $1 billion to improve the in-store experience. An additional $1 billion is earmarked for 2026 for remodels and upgrades to same-day delivery and order pickup. Executives are overhauling 75% of decorative accessories, relaunching the Threshold home brand, speeding up trendy apparel cycles and adding Target Beauty Studios in 600 stores. Fiddelke said the retailer is also investing more in payroll and Show less Read more
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