TARGET

Brian Cornell will remain as CEO for approximately three more years, while Gretchen McCarthy succeeds Arthur Valdez.

The retailer reported net earnings of $183 million in the second quarter of fiscal 2022, down a whopping 90% from $1.82 billion in the same quarter a year earlier.

The report takes an in-depth look at the progress made toward the Target Forward sustainability strategy, as well as cybersecurity and governance.

Target is adding three new sites in the next year — two in greater Chicago and one in the Denver metro area, according to a post on the retailer's website. 

New this year, the retailer will increase its Target Circle offerings for college students and extend its popular Teacher Prep event.

The discounter has completed its 1,000th store remodel, featuring its latest in-store design.

Taking place July 11 to 13, Target Deal Days will feature savings on food and beverage, electronics, beauty, home, apparel, and toys.

Casa Cantina premixed cocktails include classic margarita, strawberry margarita and piña colada.