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Target is Opening and Closing Stores at the Exact Same Rate

Photo: Getty Images
Photo: Getty Images

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Target recently announced that it would be shutting down 11 underperforming US locations by February 1st, 2015. While this might not seem too extreme in the wake of other retailers suffering more significant losses (hey there, Sears), the Huffington Post points out that, in total, Target has closed 19 locations in the past year which, coincidentally, is the exact same number of stores it opened in the past year.

A company spokesperson confirmed that each of the 11 stores employed about 100 employees, and all who were eligible were given the opportunity to transfer to another Target or collect severance payments.

The full list of 11 soon-to-be shuttered Target locations:

Lithonia, Georgia
8109 Mall Parkway

Castleton, Indiana
8448 Center Run Drive

Monroe, Michigan
2121 N. Monroe St.

Clinton, Iowa
2900 S. 25th St.

Wichita East, Kansas
301 S. Towne East Mall Drive

Northland, Michigan
21400 Northwestern Highway

McHenry, Illinois
1860 N. Richmond Road

Bay City, Michigan
4135 Wilder Road

Austin, Minnesota
1701 18th Ave. N.W.

Calumet City, Illinois
1717 E. West Road

Carrolton, Texas
2620 N. Josey Lane

· Target Is Closing As Many Stores As It Opened Last Year [HuffPo]
· Target Merch Leaves Target for the First Time: Here's Why [Racked]
· Surprise: Target and Walmart Are Cheaper Than Amazon [Racked]