"Target announced it will open seven new stores this fall, six of which will be larger than its standard 125,000 square-foot format. These new locations are part of a broader strategy to open more than 300 stores over the next decade. The new large-format stores, ranging from 146,000 to 149,000 square feet, are designed to serve as both shopping destinations and fulfillment hubs for online orders. Through its " store-as-hubs" model, Target is building locations that can hold more inventory, allowing it to expand product offerings and streamline digital order fulfillment, while reducing reliance on separate warehouses."
"All seven new stores will open between October 12 and 19 in the following locations. Target has already been rolling out these larger formats, with two openings this spring and three this summer. By the end of 2025, it expects to open around 20 new stores, the majority of which will be large formats, and remodel many existing locations. Image source: Shutterstock Target's "Store-as-Hubs" strategy"
Target will open seven new stores between October 12 and 19, six larger than its standard 125,000-square-foot format. New large-format locations range from 146,000 to 149,000 square feet, with one Texas store at the standard 125,000 square feet. The large formats will act as shopping destinations and fulfillment hubs, holding more inventory to expand product selection and streamline online order fulfillment. Target plans to open more than 300 stores over the next decade and expects about 20 openings by the end of 2025, with most new stores being large formats and many existing locations to be remodeled.
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