The Golden Valley-based food giant said in a federal filing it would take a $70M charge, mainly for severance costs.
![Michael Fiddelke, Target CFO, at the downtown Target store Tuesday, Feb. 25, 2020, in Minneapolis, MN.] DAVID JOLES • david.joles@startribune.com Three years ago, Target laid out a bold plan to invest $7 billion into its business that paid off better than anyone could have imagined. Executives will head back to New York this week to lay out the next iteration of their strategy.](https://arc.stimg.co/startribunemedia/SVPXUQT5IMZ577JHGLS5NYAPFI.jpg?&w=252&ar=3:2&fit=crop)
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