Target (TGT) is about to become more accessible to city dwellers.
The company has laid out its plans for upcoming store openings for the next couple of years, and most of them will be smaller locations set in urban areas.
For a long time, Target stores could only be found in the suburbs, with sizes ranging from 80,000 to 160,000 square feet. But in 2012, the company introduced CityTarget, which was a small-format store with a more limited selection. (Full sets of patio furniture aren’t exactly a necessity for apartment dwellers.) At the beginning of last year, there were eight CityTargets across the country with plans to open more.
Since then, the retailer announced in August that it’s eliminating the CityTarget name and rebranding every store as simply “Target,” but only one suburban-sized store is set to open over the next couple of years—a 122,000-square-foot space in Allentown, Penn. The next largest is 45,000 square feet in Manhattan’s Tribeca neighborhood, and the rest are less than 40,000 square feet in size.
Target will be opening 11 new stores in 2016 and four in 2017, including three in Philadelphia, three in New York City, two in Los Angeles, and one in Chicago. More details about upcoming locations can be found on the company’s website.
