Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
1. Target aims for $15 billion revenue growth by enhancing digital services. 2. Shares fell over 5% after announcing profit drop due to soft sales. 3. Target plans to expand its marketplace from $1 billion to $5 billion by 2030. 4. Investing $4-5 billion in supply chain modernization and store openings. 5. Focus on fresher products and high-margin categories to regain competitiveness.