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Target Revamp Push

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Target Revamp Push

B
Benzinga

69 Views • Mar 04, 2026

Description

Target's new CEO Michael Fiddelke unveiled a $6B turnaround plan after 13 straight quarters of weak sales, targeting store upgrades, tech investment, and corporate layoffs. The retailer plans to revamp home goods, expand grocery, and projects ~2% net sales growth this year.