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Target is the latest big-box retailer to announce its closing stores.
Citing a drop in foot traffic, Target announced it is closing four locations in Maryland, Virginia, Minnesota and Pennsylvania. The stores are all smaller-format Target stores.
“The decision to close one of our stores isn’t something we take lightly,” Target spokesperson Kayla Castañeda told Insider. “It’s an action we take only after multiple years of working to improve performance,” she said.
Most employees will receive job offers at other nearby Target locations.
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The Target stores closing in the U.S. in 2023 include:
- 7501 Baltimore Ave, College Park, Maryland
- 1300 W Lake St., Minneapolis, Minnesota
- 1128 Chestnut St., Philadelphia, Pennsylvania
- 500 S Washington St, Falls Church, Virginia
Target is not the only big-box retailer closing stores. Walmart recently announced it was closing a handful of lower performing locations as well.
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