Target Corp. is shuttering two of its stores in the San Francisco area.
The discounter will close its Ocean Avenue store in San Francisco on June 26, along with its store in Cupertino (at 19499 Stevens Creek Blvd.) The closings will leave Target with five stores in San Francisco and dozens of locations throughout the Bay Area.
"The decision to close a store is always difficult, and the company follows a rigorous annual process to evaluate the performance of every store in the portfolio and maintain the overall health of the business," stated Target spokesperson Jacqueline DeBuse in a report by East Bay Times. “Target remains committed to the San Francisco Bay Area and will continue to serve guests at nearby stores.”
As previously reported, Target announced plans to accelerate its new store openings — opening up to 40 stores annually — and store remodels during the next several years.