Remodeling is often a sign of desperation. If they were growing, they'd be building new stores before selling off the old ones.
Keep an eye out to see if the aisles get wider because they're carrying less merchandise. Empty shelves look very bad for retail so they'll widen the aisles and reduce the display sizes and number. They need to redo everything from floor tiles, electrical fixtures in the displays, and lights in the ceiling to align with the new aisles.
Not what I’ve seen from the few I’ve stepped foot into. Most are in less populated areas away from Austin where the population is growing. They are expanding their grocery areas to compete, and sometimes exceed, what the local Walmarts are providing. I know Freepers want to believe that Target is suffering, but if our local Targets are any indication, they aren’t.