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Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
TGTTarget(TGT) CNBC·2025-03-04 16:03

Target plans to double down on its third-party marketplace, media network and same day delivery services to drive more than $15 billion in revenue growth over the next five years, it said Tuesday at an investor meeting in New York City. The retailer's plans to grow its business and better compete against rivals like Walmart and Amazon come as Target finds itself in a rough patch, struggling to grow sales of high-margin discretionary merchandise and reclaim its competitive advantage. Shares of Target fell mo ...