Target (TGT) to Invest $5B to Scale Operations and Drive Long-term Growth
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Target Announces Investments to Drive Long-term Growth
March 1, 2022 1:00 PM ESTMINNEAPOLIS, March 1, 2022 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced its plan to invest up to $5 billion to continue scaling its operations in 2022. Target will invest in its physical stores, digital experiences, fulfillment capabilities and supply chain capacity that further differentiate its retail offering and drive continued growth.
"Years of investment in our team and business have driven our sales beyond $100 billion and positioned Target to meet the needs of our guests no matter how they choose to shop," said Michael Fiddelke, chief financial officer, Target. "We see... More
