Target CEO says retailer making $7 billion investment to 'win share not surrender it'
Target CEO Brian Cornell appears on CNBC after ringing the opening bell at the New York Stock Exchange on the morning of November 28, 2014 in New York City. Target CEO: We're confident in our new direction
Target will pour $7 billion in capital into areas including its digital properties, its new and existing store base, and lower prices over the next three years, as it tries to adapt to consumers' changing shopping habits and turn around a sales slump that continued into the fiscal fourth quarter. Read more.