Target is expanding its brick-and-mortar footprint with 11 new large-format stores opening this summer. The move signals a continued commitment to physical retail even as e-commerce grows.
The openings are part of the retailer’s broader push to launch 300 new locations by 2035. The list of specific store locations was not disclosed in the source.
This expansion comes at a time when many retailers are scaling back physical stores. Target's strategy appears to bet on in-store experiences and convenience to draw customers.
The company has not released specific financial details for the new stores or their expected impact on revenue. The initiative reflects a long-term outlook on physical retail.
Target's expansion plans follow similar moves by other big-box retailers, suggesting a trend of investing in large-format stores despite shifting consumer habits.