Construction on a new Target store in Valley Ranch Town Center—located at 11985 Grand Parkway N., New Caney—is planned to begin in August. The retailer has 1,926 stores across the country and made about $94 billion in revenue in 2020, according to Target's website. Developer Signorelli Co. first announced the planned store in October, which will be 136,000 square feet. www.target.com