Incoming Target CEO Michael Fiddelke has upped its investment plans by a $1 billion as he seeks to turn the retailer's ...
Target announced a $5 billion investment to expand with larger stores and revamp existing locations despite ongoing sales challenges and market pressures.
Lower numbers for in-store sales have motivated Target leaders to renew their commitment to the in-store shopping experience.
The retailer lowered its expected profit range for the full year as net sales fell 1.5% in the third quarter.
The company plans 2026 CapEx of approximately $5 billion, a $1 billion increase over this year, to support store experience and remodels, technology, and digital fulfillment.
The joint announcement sent Intel shares soaring in premarket trading. Via, Waymo Team Up to Bring Robotaxis to Public Transit Systems EXCLUSIVE: Via Transportation and Alphabet's Waymo are partnering ...
SanofiSNY said Friday its anti-inflammation blockbuster, Dupixent, neared $5 billion in third-quarter sales, easily beating expectations and driving Sanofi stock closer to a breakout. This was the ...