Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to Vox.com, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.
Last week, Target announced its first small-scale urban store concept will debut in Seattle in 2012. The company has also announced that smaller, urban Target locations—ranging from 60,000 to 100,000 square feet in size—will also bow in San Francisco, Los Angeles, New York, Boston, Chicago, Philadelphia, Miami, and Washington, DC.
In other mega-chain news, Walmart will also be debuting a series of small-scale stores in metropolitan areas. The mini-Walmarts will be about 20,000 square feet in size, reports WWD, and Supermarket News says industry analysts predict the chain will roll out between 350 and 400 of these new format locations each year over the next ten years—beginning with the midwest, California, and Nevada.
· Target to roll out smaller stores [WWD]
· Big build-up for small Walmarts [Supermarket News]
· Target to debut its small urban store concept in Seattle [Racked]
· All Target coverage [Racked]