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Target to spend $5B on store revamp as months-long sales slump deepens

Summary by New York Post
“Mission 1 through 10 is to get back to growth for us,” said incoming CEO Michael Fiddelke on a call with reporters, after declining to answer when he thinks sales will turn positive again.

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New York PostNew York Post
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Target to spend $5B on store revamp as months-long sales slump deepens

“Mission 1 through 10 is to get back to growth for us,” said incoming CEO Michael Fiddelke on a call with reporters, after declining to answer when he thinks sales will turn positive again.

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New York Post broke the news in on Wednesday, November 19, 2025.
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