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Target's 2,000th store is at 3200 Gold Ring Road in Fuquay-Varina, N.C. Photo: Courtesy of Target

Target is expanding its store footprint — opening its 2,000th location this month and outlining plans to add more than 30 new stores in 2026.

Why it matters: The Minneapolis-based retailer is betting that better stores, faster fulfillment and more locations will fuel its next growth chapter under new CEO Michael Fiddelke — choosing to expand while many retailers scale back.