Retail alert: Target is closing these underperforming stores

Michael Timmermann | May 16th, 2018

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Target is closing a dozen underperforming locations early next year, according to the Star Tribune.

Earlier this week, the discount retailer began notifying employees at the 12 affected stores, which will close for good on February 3, 2018.

In a statement, Target said it will close a store after seeing several years of decreasing profitability.

These 12 Target stores are closing in February 2018:

Lauderhill, Florida
Macon, Georgia
Hutchinson, Kansas
Matteson, Illinois
Romeoville, Illinois
Slidell, Louisiana
Baltimore (West), Maryland
Harper Woods, Michigan (Eastland)
Benton Harbor, Michigan
Hastings, Minnesota
Fergus Falls, Minnesota
San Antonio (Far East), Texas

Although the company is shutting down 12 stores, it has opened 32 stores in 2017 and plans to open 35 stores in 2018, including small-format locations in dense urban and suburban areas.

Meanwhile, Target aims to remodel more than 1,000 of its 1,800 existing locations by the end of 2020.

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This post was last modified on June 18, 2019 9:00 am