Here's What to Know About Target's New Paid Membership Program

Target launches Target Circle 360, a paid membership for fast, free delivery over $35, rivaling Amazon Prime.

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New members pay $49 (later $99), while Target credit cardholders always get the lower rate.

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This move aims to boost sales and compete with Amazon amid an annual 1.7% sales decline.

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Despite a 58% Q4 profit increase, cautious consumer spending affected Target's overall sales.

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Target plans store refresh, brand expansion, and 300 new stores in the next decade.

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Balancing value and trends, over 50% of Target's sales come from discretionary items.

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Target simplifies loyalty programs and rebrands the credit card to Target Circle.

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Membership pricing competes with Amazon Prime and Walmart Plus, with potential added perks.

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Target focuses on growth and market share by meeting customer demands amid cautious financial outlook.

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