Target to close 11 locations
Minneapolis --Target Corp. announced that it planned to close 11 stores as of Feb. 1, 2015, citing performance issues.
“The decision to close a Target store is only made after careful consideration of the long-term financial performance of a particular location,” Target said in a press release. “All eligible store team members are being offered the option to transfer to other Target stores. Team members who choose not to transfer will be offered a separation package.”
The stores include three locations in Michigan (Bay City, Monroe, Northland), two in Illinois (McHenry, Calumet City) and single stores in Lithonia, Ga., Clinton, Iowa, Castleton, Ind., Wichita East, Kan., Austin, Minn., and Carrolton, Texas.