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Target bets big on upgrades, beauty push to win back shoppers: 'Not an everything store'

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1 week ago

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...

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1 week ago
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