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Target Plus at $5B by 2030: Strategic Goldmine or Pipe Dream?
ZACKS· 2025-07-30 23:11
Key Takeaways Target aims to grow Target Plus marketplace GMV to $5 billion by 2030.The platform grew GMV more than 20% last quarter, adding hundreds of new partners.TGT leverages Target Plus to expand digitally without added inventory risk.With discretionary categories underperforming and consumer traffic under pressure, Target Corporation (TGT) is banking on its third-party digital marketplace, Target Plus. The company aims to grow the platform’s gross merchandise volume ("GMV") to $5 billion by 2030. Tha ...