Target has published its newest financial report for the 2021 year. According to the report, Target CEO Brian Cornell is proud of its growth saying “we’ve grown by tens of billions of dollars, through 19-consecutive quarters of comp-store growth…”

On top of this growth, Target is looking to continue remodeling its stores. Cornell says that half of Target stores have been “touched by our extensive remodel program.” They plan on remodeling around 200 additional stores each year.

Target is also continuing to expand. They plan to open around 30 Targets each year “in a broader range of locations, serving a more diverse guest base than ever.”

They are also investing more in their employees. Cornell states that Target will have “another large investment of up to $300 million to set a new starting wage range of $15 to $24 per hour and to expand access to our healthcare benefits for more team members and their families.”

Overall, Target has seen a great amount of growth. They have continued to thrive despite fighting through a pandemic. They are also looking forward to the future. Target has a plan to continue expanding and upgrading all of its stores and continue benefitting its employees.