Target Corp. said Tuesday that it planned to close 11 stores by Feb. 1, citing performance issues.
The stores include three locations in Michigan (Bay City, Monroe, Northland), two stores in Illinois (McHenry, Calumet City) and single stores in Lithonia, Ga.; Clinton, Iowa; Castleton, Ind.; Wichita East, Kan.; Austin, Minn.; and Carrolton, Texas.
“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.”
Date: November 04, 2014
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