Can Remodeling Efforts Revive Target's In-Store Traffic Trends?
Key Takeaways TGT's Q1 comp store sales fell 5.7%, highlighting pressure on in-store customer traffic. Remodeled stores have shown 2-4% sales lifts in year one, plus nearly 3% additional gains in year two. TGT plans 20 new stores and ongoing remodels to blend digital ease with better in-store experiencesTarget Corporation’s (TGT) first-quarter fiscal 2025 results revealed a comparable store sales decline of 5.7%, indicating ongoing challenges in driving in-store visits. Despite these headwinds, the compan ...