Target announces new stores openings this year across six states in major retail expansion push
1. Target is opening 20 stores in 2024 to boost sales growth. 2. Long-term plan includes 300 new stores and multiple remodels by 2030. 3. CEO emphasizes supply chain investment and expanded product assortments. 4. Sales forecasts show a decline for fiscal 2025, impacting profitability. 5. Enterprise Acceleration Office aims to enhance operational agility.