Tuesday, November 7, 2017
Target Closing 12 Stores; Two in Illinois.
Unexpected, but not uncommon for Target to give an annual list of stores slated to close. A list not even close to the size of what Sears Holdings routinely announces, but some communities will sure be at a lose without a red bullseye. Target is not on a downward spiral, they are opting to open smaller formatted stores with a richer selection and beginning to steer away from large selections. Opening several stores this years, and dozens planned to opened next year, the stores on this list are being cut as a positive business direction, I will explain why shortly.
Target is going in the direction to work together with its strong online presence, as the company uses there store locations as "distribution centers" for online order pick-up.
The stores slated to close by February 2018 are as followed:
Eastland Mall Harper Woods, Michigan
Benton Harbor, Michigan
West Baltimore, Maryland
Far East San Antonio, Texas
I cannot speak for the all these stores and how I believe there performance is to the company. The stores highlighted in yellow, I have shopped at and can judge on a general basis why there slated to close. The Benton Harbor, Michigan store not in a very good location, far from the mall, which is dead, and far from the major highway and other stores in the town. Crime is the demographic is key to this locations closure and the one in Harper Woods, Michigan. Matteson, Illinois is another location that is no longer located in a profitable area, retail is on a landslide in the town and Target leaving is only doing themselves a favor, and no one else, citizens of Matteson will now have to drive out of town for another reason to shop.
Romeoville, Illinois is a completely different story than the other three stores, its in a very calm, and pleasant community. This stores only problem is that it was built because Target could open it at a time it made sense. Opening around 2006, before the recession hit, this location and a few small stores were built across from a new Walmart. Target has several other locations only a few miles from this one in Bolingbrook, Lemont, and Joliet. This store, although serving Romeoville, people here will just have to drive a few more minutes to a neighboring Target.
Thank you for reading Trip to the Mall and continue to follow us on Facebook for additional content and information on shopping centers and retail stores across the Midwest.
Posted by john bozic