• Retail alert: Target is closing these underperforming stores

    By: Mike Timmermann

    Updated:

    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.

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    These 12 Target stores are closing in February 2018:

    1. Lauderhill, Florida
    2. Macon, Georgia
    3. Hutchinson, Kansas
    4. Matteson, Illinois
    5. Romeoville, Illinois
    6. Slidell, Louisiana
    7. Baltimore (West), Maryland
    8. Harper Woods, Michigan (Eastland)
    9. Benton Harbor, Michigan
    10. Hastings, Minnesota
    11. Fergus Falls, Minnesota
    12. 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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