Michael Fiddelke

Person

Last mentioned: Mar 5, 2026

Timeline

  1. Strategic Pivot

    Target officially identifies e-commerce and advertising as the core pillars for returning to profit growth.

  2. Logistics Expansion

    Target begins rolling out next-day delivery to 20 more cities.

  3. Capex Announcement

    Company announces $1B investment in new stores and renovations.

Stories mentioning Michael Fiddelke 1

e-commerce Bullish

Target Pivots to Tech and Retail Media to Reclaim Profit Growth

Target is doubling down on its digital infrastructure and advertising arm, Roundel, as part of a strategic shift to restore profitability. By integrating advanced e-commerce capabilities with high-margin media services, the retailer aims to diversify revenue streams beyond traditional brick-and-mortar sales.

2 sources