Target's merchandising leaders previewed the company's ambitious plans to overhaul key categories, including home and apparel, at an investor meeting.

Target plans to spend billions of dollars this year to end a persistent sales slump and to regain its image as a fun place to shop for stylish clothing, housewares, beauty products and packaged food ...

Target is investing billions in remodels, merchandising and same-day delivery as its new CEO works to boost traffic and restore annual sales growth.

In addition to facing stiff competition from Walmart and Amazon, it lost liberal customers after scaling back Pride displays and rolling back DEI programs.

After another sales slide in the holiday quarter, executives laid out a turnaround plan that will spend billions to update both merchandise and stores.