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Target debuts in East Peoria
MINNEAPOLIS — Target is opening its first store in East Peoria, Ill. in March 2013. The 135,000 sq. ft. store, located at Clock Tower Drive and West Washington Street, will be part of the 86-acre East Peoria Downtown development.
According to Target, the new store will feature the typical Target assortment along with a selection of fresh produce, fresh packaged meat and pre-packaged baked goods as well as a Starbucks and a Target Pharmacy to further enhance guests’ experience. The store will employ approximately 150 to 200 team members.
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Research shows high demand for hand tools
Total home improvement dollars increased by 7% when comparing the 12 months ended July 2012 with the previous 12 months, according to consumer research from The NPD Group.
The units of home improvement items sold grew less than 2%, according to the Port Washington, N.Y.-based research firm.
Much of the unit growth in the home improvement industry was driven by hand tools, the second largest segment based on unit sales after storage and organization. Hand tools saw an 8% increase in units between August 2011 and July 2012.