Target Expands Retail Footprint with Over 30 New Stores in 2026

Retailer to open its 2,000th location in Fuquay-Varina, N.C. as part of $5 billion investment plan

Mar. 5, 2026 at 11:35am

Got story updates? Submit your updates here. ›

Target Corporation announced plans to open more than 30 new stores in 2026, including its 2,000th location in Fuquay-Varina, North Carolina. The openings are part of the company's strategy to drive long-term, sustainable growth by investing in stores and delivering an elevated shopping experience for guests. Target's $5 billion capital investment plan for 2026 will also fund store remodels and technology upgrades to improve online order fulfillment.

Why it matters

Target's aggressive store expansion and investment in the in-store experience signals the retailer's commitment to physical retail even as e-commerce continues to grow. The new stores and remodels will bring Target closer to more communities, providing convenient access to the brand's trend-forward merchandise, services, and winning customer service.

The details

The 148,000-square-foot Fuquay-Varina store will feature Target's open, easily navigable layout, convenient same-day services, and a larger food and beverage department. The store will also include a CVS Pharmacy, Starbucks Cafe, and Disney Shop. Six other new Target stores are opening this March in California, Missouri, New Jersey, and Texas, with plans for over 130 remodels this year.

  • Target announced the opening of more than 30 new stores in 2026.
  • The company's 2,000th store will open in Fuquay-Varina, North Carolina in March 2026.
  • Seven new Target stores will open this March 2026 across several states.
  • Target plans to open more than 300 new stores by 2035.

The players

Target Corporation

A major American retail corporation that operates a chain of large discount department stores.

Michael Fiddelke

The CEO of Target Corporation who has outlined the company's growth priorities for 2026 and beyond.

Adrienne Costanzo

The chief stores officer at Target who discussed the company's investment in new stores and an elevated guest experience.

Got photos? Submit your photos here. ›

What they’re saying

“Guests tell us all the time they want a Target closer to home, and this investment helps us do exactly that.”

— Adrienne Costanzo, Chief Stores Officer, Target

“Every time we open a new Target store, we're planting roots in that community. That means in addition to delivering a better shopping experience that's faster and more reliable, we're creating growth and opportunity — through good jobs, support for local nonprofits and long-term economic investment in the neighborhoods we serve.”

— Adrienne Costanzo, Chief Stores Officer, Target

What’s next

Target plans to launch next-day delivery in more than 20 new metro areas, reaching 60% of the U.S. population.

The takeaway

Target's aggressive store expansion and investment in the in-store experience demonstrates the retailer's commitment to physical retail and delivering a convenient, elevated shopping experience for customers, even as e-commerce continues to grow.