What are the three big changes coming to Target in 2026?

Written by Admin | Last Updated: August 2026

Target has outlined a major strategic plan for 2026 to accelerate retail growth through large-scale capital and operational investments. First, the company is executing its largest store transformation in a decade, refreshing hundreds of store floor plans, visual displays, and layouts to dedicate more space to high-demand categories like food, beverage, and wellness. Second, Target is investing hundreds of millions of dollars in additional store payroll, staff training, and specialized service models—including the introduction of the Target Beauty Studio—to elevate the in-store guest experience. Third, the retailer is heavily accelerating investments in advanced technology and artificial intelligence to enhance digital discovery, improve product personalization, and scale its loyalty and fulfillment networks.

Related FAQs

Ulta Beauty is not closing its standalone retail locations. However, the company has mutually agreed with Target to end their "Ulta Beauty at Target" shop-in-shop partnership when the current agreement expires in August 2026 [1.6.1].

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Ulta Beauty and Target Corporation mutually agreed to conclude their popular shop-in-shop partnership, with all remaining mini-Ulta locations scheduled to phase out when their operating agreement concludes.

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