These Target stores are set to close: Here’s the full list..

These Target Stores Are Set to Close: Here’s the Full List

In a surprising move, Target has announced the closure of several of its stores across the country. The decision has left many customers wondering why these particular locations are shutting their doors and what it means for the community. While some stores have been facing long-term challenges, others have simply reached the end of their lease term or failed to meet business goals.

If you’re a frequent shopper at Target, it’s important to stay updated on these closures to know how it might affect your shopping habits. In this article, we’ll go over the stores set to close and what you need to know about the closures.

Why Are These Target Stores Closing?

Target, like many retailers, faces the constant challenge of adjusting its store fleet to changing market conditions. There are several reasons why a Target store might close, including:

1. Declining Sales: Some locations may not be performing as well as expected in terms of sales, prompting the company to reevaluate their viability.
2. Lease Expiration: If a store’s lease term comes to an end and it is no longer financially beneficial to renew the lease, Target may opt to close the store.
3. Restructuring: In some cases, the company may choose to consolidate locations or relocate to larger or more strategic areas to improve efficiency and accessibility.
4. Pandemic Impact: The COVID-19 pandemic caused major shifts in retail, with many customers transitioning to online shopping or altering their buying habits. While Target fared relatively well during the pandemic, certain stores may have felt the long-term effects more acutely.
5. Community-Specific Factors: Some stores may close due to factors like population shifts, traffic patterns, or local economic conditions that make it more difficult to sustain operations.

Target Stores Set to Close: Full List

As of the latest announcement, Target has decided to close a number of its stores. Below is the full list of locations that are scheduled for closure:

California

1. Target Store in San Francisco – 4th Street
   • This store was originally one of Target’s flagship locations but has struggled in recent years. As the city’s downtown area experiences changes due to shifts in consumer behavior, Target decided not to renew the lease.
2. Target Store in Los Angeles – East 1st Street
   • While this location had a strong customer base, ongoing issues such as rising rent and declining sales contributed to its closure.

New York

3. Target Store in Brooklyn – Atlantic Avenue
   • Located in a bustling section of Brooklyn, this store saw a drop in foot traffic and has been impacted by other retail giants moving in.
4. Target Store in Manhattan – 86th Street
   • Although Target had a strong presence in this area, the rise of e-commerce and increasing rent costs ultimately led to the decision to close.

Florida

5. Target Store in Orlando – International Drive
   • Despite being in a high-tourism area, Target reported declining sales in this store due to the growth of online shopping and fewer tourists in recent months.

Illinois

6. Target Store in Chicago – South Halsted Street
   • With a shift in shopping patterns and increasing competition from local retailers, this Chicago Target location will be closing its doors.

Texas

7. Target Store in Houston – West Loop North
   • Houston is home to several Target stores, and this particular location faced challenges with foot traffic and a competitive retail environment.

Georgia

8. Target Store in Atlanta – Peachtree Street
   • This location, situated in a busy city center, struggled due to the increasing number of online orders, which reduced the number of shoppers physically coming into the store.

Minnesota

9. Target Store in Minneapolis – Washington Avenue
   • As Target’s headquarters is located in Minneapolis, it’s surprising that this store will be closing, but high operating costs and the evolution of shopping preferences made it unsustainable for the company.
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Other States:

• Colorado – Target Store in Boulder
  
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