Target will balloon store remodel slate
October 19, 2017,
New York – Opening its first mid-town Manhattan store tomorrow, Target has announced that it is dialing up the pace of remodels – way up.
Target said it will accelerate the number of store remodels to more than 1,000 by the end of 2020 and expand its Restock program nationwide next year. The remodels will feature its next generation store design.
That brings Target’s total of small-format stores to 55. By the end of 2019, Target plans to operate more than 130 small-format locations nationwide, including its first Vermont location in South Burlington, slated to open in fall 2018.
The company is also opening a traditional store in Honolulu this week.
“We’re elevating every aspect of how we serve our guests, including reimagining hundreds of stores, opening new small-format stores, introducing new and exclusive brands, pursuing an aggressive digital strategy and transforming the way we replenish our stores and get products to our guests,” said chairman and ceo Brian Cornell.
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See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs. Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.