With shares up almost 90% this year, Target Corporation (TGT  ) has been named "Company of the Year" by Yahoo Finance.

Between entering a new deal with Levi Strauss & Co. (LEVI  ), launching a new loyalty program called Target Circle (which already has 35 million members), and partnering with Toys 'R' Us online, Target's had a busy 2019. And then there's the company's large-scale remodel initiative.

Target remodeled about 300 stores this year alone, and CEO Brian Cornell told Yahoo Finance that they're still moving along the path. "You'll continue to see us spend probably in the neighborhood of $3 billion of capital a year ... that's what it's going to take to remodel stores and continue to invest in our business," Cornell said in an interview. "Over time, we'll probably go from remodeling 200 or 300 stores to, you know, 150 to 200. But we're always going to invest in our stores, and make sure we bring this inspiration, the newness, the excitement to our guests across the country."

Telsey Advisory Group (TAG) has weighed in on Target's changes and progress in the consumer sector: "Overall, we believe Target's strategic transformation initiatives--price investment in everyday items, differentiating merchandising with new private brands, remodeling stores, and investing in digital and delivery, including Shipt--are resonating with consumers."

Cornell rang the opening bell of the New York Stock Exchange (NYSE) on November 28, 2019 before appearing on CNBC, who deemed Target the "best-performing retail stock" of 2019. Target even performed better than Walmart Inc (WMT  ), one of its top competitors.

"Obviously, there were some doubters out there a few years back," Cornell told Yahoo Finance. "But to see people put Target back in the winner's circle, this iconic American retail brand, I take a lot of pride in the work the team's done. And it's certainly gratifying to see the progress that we've made."

A release of Target's third quarter earnings reported 4.7% sales growth.