Tuesday, March 6, 2018

Target on track for big year of store remodels

Chain Store Age

Target Corp’s plan to remodel more than 1,000 stores nationwide by the end of 2020 is going into overdrive.

The discounter remodeled some 110 locations last year. It is nearly tripling the number in 2018, with plans to complete about 325 additional remodels. Target’s largest remodel market this year will be its Minneapolis-St. Paul hometown, where it is investing $250 million to remodel 28 stores, which represents about half of its footprint in the area.

“We’ll also go big in places like Los Angeles, New York and Chicago,” Target stated. “Over the next few years, we’ll remodel stores in every major city.”. . . more