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Target Stores opened eight new stores that year, including its first shopping mall anchor store in Grand Forks, North Dakota. In 1979, it opened 13 new units to a total of 80 Target stores in eleven states. Dayton-Hudson reached $3 billion in sales, with $1.12 billion coming from the Target store chain alone.
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. [3]
Anchor stores include Macy's Home Furniture, Michaels, Target, Bed Bath & Beyond, and Nordstrom Rack. There is 1 vacant anchor store that was once Macy's. The power center across Mission Center Road known as Mission Valley West is anchored by big box retailers like DSW Shoes, West Elm, Old Navy, Trader Joe's and Marshalls.
On Sept. 26, Target set off a national firestorm when it said it would close nine stores in four states because theft and organized retail crime had made them too dangerous to run.
The chain plans a new Target at 400 71st St. in Miami Beach. Target is listing this location as a future Target but did not provide an opening date for the proposed 30,000-square foot store.
Target expects to lose roughly $1.2 billion in profits from retail theft in 2022 and 2023. Target closes 9 stores in response to retail theft, adds locked cases at some stores [Video] Skip...
