NEW YORK (AP) — Target will plow $4 billion into its business each year for the next several years to redo its stores, add new ones and speed up delivery. The discounter aims to keep up with increasingly demanding shoppers shaped by the pandemic. The capital investment is up 50% from the previous year. The moves come as the Minneapolis-based discounter extended its sales streak through the holiday quarter and sales grew by more than $15 billion. That exceeded the company’s annual sales growth over the past 11 years combined.
