- Target is closing 12 stores in nine states.
- The stores are set to close in February.
- More than 6,300 store closures have been announced so far in 2017.
Target plans to close 12 stores, even as the retailer doubles down on the brick-and-mortar shopping experience.
The stores are set to shutter on February 3, the Star Tribute reported. According to a company spokesperson, the 12 Target locations across the US were chosen after “several years of decreasing profitability.”
Target opened 32 stores in 2017 and plans to open 35 new locations in 2018, the Star Tribune reported. It’s also making major investments in revamping stores’ design, with plans to refurbish 1,000 of its 1,8000 stores by 2020.
More than 6,300 store closures have been announced so far in 2017, including 1,430 RadioShack closures and more than 800 Payless closures.
Here’s where the doomed Target stores are located:
- Hastings, Minnesota
- Fergus Falls, Minnesota
- Harper Woods, Michigan (at the Eastland Mall)
- Hutchinson, Kansas
- Benton Harbour, Michigan
- Slidell, Louisiana
- Launderhill, Florida
- Matteson, Illinois
- Romeoville, Illinois
- Baltimore, Maryland (in the Mondawmin Mall)
- San Antonio, Texas (Far East location)
NOW WATCH: Briefing videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.