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Is TGT's $5B CapEx Plan a Turning Point for Its Digital & Store Tech?
ZACKSยท 2025-12-02 16:35
Key Takeaways Target plans $5B in 2026 CapEx to modernize stores and bolster digital and tech capabilities.Target will expand a fulfillment model that shifts digital volumes to boost speed and ease strain.Machine-learning forecasting and AI tools improved in-stock rates and sharper product decisions.Target Corporation (TGT) is entering a pivotal transformation phase, planning to raise the capital expenditure to $5 billion in fiscal 2026, about $1 billion more than that reported in fiscal 2025. This increase ...