Target closes several locations, from May 13
The retailer said the stores could not improve their performance.
The target is a smaller operation that Walmart (and a little more expensive), but the retailer fans base remains dedicated to the filling of their shopping carts with seasonal favorites while sipping a Starbucks drink. Even in the digital age, Target is only one of those places that people prefer to make purchases in anyone. The faithful targets say that wandering the aisles Superstore is simply therapeutic. But if you are someone who needs your target correction, you might be lucky the next time you venture. Read the continuation to find out which target stores close, from May 13.
Read this then: These are all the Walmart locations that close forever by the end of March .
A Minnesota store stops.
A target in Uptown Minneapolis, Minnesota Farm on May 13, the Star grandstand reported. The location at 1300 W Lake St. is one of the "small format" stores in Target, specially designed for places where full size targets are not suitable, like near university campuses and in urban areas . According to Star grandstand , the target of Minneapolis, which occupies the first floor under an apartments complex, has a sixth of the size of a standard store. Its last day of activity is set for May 13. AE0FCC31AE342FD3A1346EBB1F342FCB
"The decision to close one of our stores is not something that we take lightly," said a Target spokesman Better life . "It is an action that we only take after several years of work to improve performance." The spokesperson confirmed that it was the case in Minneapolis, and the employees will have the opportunity to work in Target stores nearby.
According to Star grandstand , a suspect intervened and triggered a fire to the goal of Minneapolis in January. But the company said that the closure was not linked to an incident, pointing to current traffic problems. While the point of sale noted that some new stores opened in the region, Target joined several other retailers who have closed this part of the city since 2019, due to the Pandemic Covid-19 and an increase in crime.
Pennsylvania also loses a target.
Those of Philadelphia will be sad to learn that a target at Center City is also on blocking. According to Philadelphia Business Journal , THE Philly store , Located at 1128, rue Chestnut, is another store of small formats which would be on May 13.
Target spokesperson confirmed that this store was another that decreased in performance. Two other stores in the region, Rittenhouse Square and Broad Street and Washington Ave. have demonstrated stronger performance, said Target Philadelphia Business Journal .
As in Minneapolis, current employees will be offered positions in nearby target locations.
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Two stores in the metropolitan region of Washington, D.C.
In addition to Philadelphia and Minneapolis, the American capital will say goodbye to two target stores that could not improve performance, said the spokesperson Better life . A store is located at 7501 Baltimore Ave. In College Park, Maryland, which houses the University of Maryland. The second location is 500 S Washington St. in Falls Church, Virginia, a city just outside Washington, D.C. The two stores also end on May 13.
"We appreciate team members in these stores, and they will be offered the possibility of working in nearby target locations," said the spokesperson Regarding all the closings to come. "We remain attached in these areas, including the more than 50 stores that we operate in each metropolitan region."
They also confirmed that this is the only closure objective for the 2023 financial year.
Target also opens several stores.
Target buyers can comfort the fact that the company also plans to extend its Storage This year. About 20 new stores should open "in a variety of sizes "The company said in a press release of February 28 describing strategic investments in 2023. They added that many will understand new design elements that reflect the local community, experiences that highlight new brands, assortments and sustainable services and features ".
During a call for results on February 28, John J. Mulligan , Executive vice-president of Target and chief operations, said that stores are nationwide , "Shores of outdoor banks in North Carolina, in the heart of Inglewood, California." According to Philadelphia Business Journal , Target opens a new store near the campus of the University of Pennsylvania in Philadelphia.
In addition, 175 existing target stores obtain a refreshment, according to the press release. This initiative includes partial and complete renovations, namely with the addition of Ulta Beauty or Apple Store in store, said the company.