We have big plans for 2022
Our strong 2021 performance shows that our strategy is resonating with guests. We’ll build on that momentum in 2022 with plans to invest up to $5 billion to keep growing our business and bring guests more of what they love, including ...
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Our strategy in action
Target’s strategy is made up of six pillars that define what we aim to deliver in the coming years — each focused on specific initiatives to make sure we reach our long-term goals.
- Delivering affordability to our guests.
- Differentiating from our competition with our owned brands and a curated assortment of leading national brands.
- Investing to create an engaging and differentiated shopping experience.
- Leveraging our stores-as-hubs to efficiently provide a convenient and safe experience for our guests whether they purchase online or physically in-store.
- Maintaining and enhancing our relevancy to deepen engagement with guests.
- Leveraging our size and scale to benefit people, the planet and our business, primarily through Target Forward.
How we get the job done
Bringing our strategy to life is important work, and we couldn’t do it without great people and capabilities. So we take great pride in developing our team, operations and technology.
Shopping powered by stores
No matter how guests choose to shop, our stores answer the call — acting as hubs for in-store shopping, our popular same-day fulfillment services, and shipping orders directly to guests. We'll continue investing to scale our stores-as-hubs strategy, building even better experiences and creating room for future growth.
Our owned brands difference
Our guests are loyal fans of the more than 45 owned brands across our assortment. From longtime favorites like and Good & Gather food items and Cat & Jack kids' apparel and accessories, to our newest additions like Brightroom storage and home organization and Kindfull pet food, our brands help us offer guests the newness, differentiation and value they love.
Building the supply chain of the future
We continue to invest in world-class operations, from our store hubs and distribution facilities to our industry-leading fulfillment services and the global team that brings it all to life. Plus, we're testing innovations to support the model, like our new sortation centers that accelerate our last-mile capabilities. These resources allow us to grow our business and meet our guests’ needs, even in the most challenging environments.
Our sustainability strategy
Our vision is to co-create an equitable and regenerative future together with our guests, partners and communities. We call our sustainability strategy Target Forward — and it’s centered on leveraging our size and scale to benefit people, the planet and our business.
Meet our strategic partners
We team up with our guests’ favorite leading national brands to create innovative new in-store and digital shopping experiences they won’t find anywhere else. Check out what we've created together.
Forward-Looking Statements: Statements on this page regarding Target’s future financial performance, planned investments in its business, enhancement of fulfillment and replenishment capabilities, new store openings and remodels, growth of strategic brand partnerships, expansion of our owned brands and enhancements to and results of digital experiences, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties which could cause Target’s actions to differ materially. The most important risks and uncertainties are described in Item 1A of Target’s recent Form 10-K and, if applicable, any subsequent Form 10-Q filings. Forward-looking statements speak only as of March 15, 2022, and Target does not undertake any obligation to update any forward-looking statement.