Target continues to strengthen its footprint across the United States with the opening of 11 new stores in July, part of an ambitious growth strategy that includes more than 30 new locations in 2026 and the addition of over 300 stores by 2035.
The new stores will be located in Arizona, California, Colorado, Florida, Kentucky, Massachusetts, South Carolina, South Dakota, Texas, and Utah, further expanding the retailer’s presence in key growth markets across the country.
Headquartered in Minneapolis, Target has committed approximately $5 billion in capital investments this year, including the remodeling of 130 existing stores as part of its ongoing effort to enhance the shopping experience and improve operational efficiency.
“These new stores provide our teams with the tools and environments needed to bring our merchandising strengths to life, create easier and more inspiring shopping experiences, and use technology to work smarter and faster every day,” said Adrienne Costanzo, Target’s Chief Stores Officer.
Large-Format Stores and Fresh Food Expansion
The new generation of Target stores will feature expanded fresh food departments, including produce, meat, and dairy categories.
A key feature of this new generation of stores will be an expanded assortment of fresh produce, meat, and dairy products, categories that continue to play an increasingly important role in Target’s value proposition.
The new locations in Utah, Texas, Arizona, California, and Florida will exceed 140,000 square feet, while the remaining stores will be larger than 120,000 square feet, reinforcing the retailer’s commitment to its successful large-format model.
Strong Financial Performance Supports Growth
The expansion initiative is supported by strong financial results. During the first quarter of fiscal 2026, Target reported net sales of $25.4 billion, representing a 6.7% increase compared with the same period last year.
Comparable sales grew 5.6%, driven by gains in both physical stores and digital channels. Comparable store sales increased 4.7%, while comparable digital sales rose 8.9%.
The company also reported a 4.4% increase in customer traffic and sales growth across all six of its core merchandise categories, reflecting continued consumer engagement and broad-based business momentum.
Fresh food categories continue to play a strategic role in Target’s growth plan, helping drive customer traffic and repeat visits.
“Our first-quarter financial results exceeded expectations and demonstrate that our refined strategy is resonating with guests and driving growth across every part of our business,” said Target CEO Michael Fiddelke.
With this expansion and modernization strategy, Target is positioning itself to further strengthen its competitive standing among the nation’s leading retailers by combining physical growth, digital innovation, and an enhanced focus on convenience, value, and fresh food offerings.
