Target unveils turnaround plan that calls for $2 billion in extra investments to spur growth
Fiddelke: “This new chapter of growth at Target is defined by clear choices and rooted in a deeper understanding of our unique lane in retail.”
Fiddelke: “This new chapter of growth at Target is defined by clear choices and rooted in a deeper understanding of our unique lane in retail.”
Fourth-quarter net sales declined 1.5% to $30.5 billion, while comparable sales fell 2.5%
Target has worked closely with national and owned-brand partners to reformulate products where needed while preserving the quality and value guests expect.
Levi’s stands as one of Target’s longest-running national brand partnerships.
The beverages contain 11 grams of premium collagen peptides per serving and are free of artificial sweeteners, colors, or preservatives.
Lemme Multi Gummies marks the brand’s entry into the women’s multivitamin market.
“It’s the start of a new chapter for Target, and we’re moving quickly to take action against our priorities that will drive growth within our business,” said Fiddelke.
In 2026, Target and nonprofit partners will choose 13 neighborhoods across the country for reimagined community spaces designed around locally identified needs.
The retailer's expanded range includes nearly 3,000 new products from over 60 brands in skincare, cosmetics, haircare, fragrance, and sun care, with over 90% priced below $20.
“I’ve always believed that good design isn’t meant to sit still — it’s meant to be lived with,” said Jeremiah Brent.
New assortment grows by 30% to bring more on-trend wellness brands and products to Target.
Target SoHo delivers a dynamic, continuously evolving assortment that keeps pace with what's next.
“Mission 1 through 10 is to get back to growth for us,” said incoming Target CEO Michael Fiddelke.
New tech features add digital convenience to the in-store experience as the retailer aims to personalize the season for every guest
From pantry staples and baby items to household essentials, these price reductions are designed to make everyday shopping more affordable through the holiday season
Target is lowering the cost of holiday hosting.