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Target to invest $5B in 2022 to scale up operations

Mar. 01, 2022 3:20 PM ETTarget Corporation (TGT)By: Preeti Singh, SA News Editor2 Comments

People shopping at one of the Target stores

Sundry Photography/iStock Editorial via Getty Images

  • Target (TGT +10.4%) has announced it will invest up to $5B in 2022 to scale operations. The investments will go towards its physical stores, digital experiences, fulfillment capabilities and supply chain capacity.
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Comments (2)

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rvt1046 profile picture
Heading to $300 a share. Added more at $197. Keep raising that dividend. Such a better store experience over Walmart or as we call it Hoosier Mart.
On the scale Target operates I'm not sure $5b is a big number, the real news is that the smaller store formats are working out and that's almost all gravy.
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