Target is closing a dozen stores - here's the list
REUTERS/Eric Thayer
- Target is closing 12 stores in nine states.
- The stores are set to close in February.
- More than 6,300 store closures have been announced so far in 2017.
Target plans to close 12 stores, even as the retailer doubles down on the brick-and-mortar shopping experience.
The stores are set to shutter on February 3, the Star Tribute reported. According to a company spokesperson, the 12 Target locations across the US were chosen after "several years of decreasing profitability."
Target opened 32 stores in 2017 and plans to open 35 new locations in 2018, the Star Tribune reported. It's also making major investments in revamping stores' design, with plans to refurbish 1,000 of its 1,8000 stores by 2020.
More than 6,300 store closures have been announced so far in 2017, including 1,430 RadioShack closures and more than 800 Payless closures.
Here's where the doomed Target stores are located:
- Hastings, Minnesota
- Fergus Falls, Minnesota
- Harper Woods, Michigan (at the Eastland Mall)
- Hutchinson, Kansas
- Benton Harbor, Michigan
- Slidell, Louisiana
- Launderhill, Florida
- Matteson, Illinois
- Romeoville, Illinois
- Baltimore, Maryland (in the Mondawmin Mall)
- San Antonio, Texas (Far East location)
NOW WATCH: Here's why we call it 'Black Friday'
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh