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Target to close eight stores this year

Minneapolis - Target said it will close eight U.S. stores on May 3, citing the locations' financial performance as a factor in the decision.
Stores affected by this announcement are located in: West Dundee, Ill.; Las Vegas, Nev.; North Las Vegas, Nev.; Duluth, Ga.; Memphis, Tenn.; Orange Park, Fla.; Middletown, Ohio; and Trotwood, Ohio.

Target also announced the locations of new stores planned to open this year in Santa Rosa, Calif.; Santa Clara, Calif.; Wilmington, Mass.; North Brunswick, N.J.; Liberty Township, Ohio.
Target will also test a smaller store, TargetExpress, with 20,000 square feet. The first location is set to open in Minneapolis on July 27, according to published reports.
To date, Target has said it plans to open 10 new stores in 2014. The retailer previously announced new stores will open this year in The Bronx, N.Y.; Sayville, N.Y.; Westlake Village, Calif.; Cary, N.C. and Miami.

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