Sponsored By

Target to close 11 stores

Target Corp. said Tuesday that it planned to close 11 stores by Feb. 1, citing performance issues.

November 4, 2014

1 Min Read
Supermarket News logo in a gray background | Supermarket News

Target Corp. said Tuesday that it planned to close 11 stores by Feb. 1, citing performance issues.

The stores include three locations in Michigan (Bay City, Monroe, Northland), two stores in Illinois (McHenry, Calumet City) and single stores in Lithonia, Ga.; Clinton, Iowa; Castleton, Ind.; Wichita East, Kan.; Austin, Minn.; and Carrolton, Texas.

“The decision to close a Target store is only made after careful consideration of the long-term financial performance of a particular location,” Target said in a press release. “All eligible store team members are being offered the option to transfer to other Target stores. Team members who choose not to transfer will be offered a separation package.”


 

Stay up-to-date on the latest food retail news and trends
Subscribe to free eNewsletters from Supermarket News

You May Also Like