Target is shutting down a dozen stores — but not till after the holiday season.
The chain says the closings are part of a natural process of attempting to refine its own portfolio of stores, closing a few every year while enlarging with ones that are promising to winnow out the losers.
In the case of Target, it says 32 new stores in 2017 will have opened up.
The 12 stores being closed will remain open throughout the holiday season and beyond, finally shutting on Feb. 3.
“This decision was not made lightly,” said Target spokeswoman Erin Conroy. “We now have a rigorous process in place to appraise the operation of each shop on an annual basis, closing or relocating underperforming locations as required.”
The closings come in a time when Target is facing enormous pressure from merchants like Amazon, which has forced it to watch costs and try to come up with creative strategies to keep its stores viable.
Here is the list of stores being closed:
- Eastland in Harper Woods, Mich.
- Hutchinson, Kans.
- Benton Harbor, Mich.
- Fergus Falls, Minn.
- Hastings, Minn.
- Macon, Ga.
- Slidell, La.
- Lauderhill, Fla.
- Matteson, Ill.
- Romeoville, Ill.
- Baltimore West
- San Antonio Far East