Advertisement

Target says it will close 13 stores nationwide in January 2016, cites decreasing profitability

The Associated Press
November 4, 2015 at 11:31PM
A Target sign is shown on the front of a Target Store.
A Target sign is shown on the front of a Target Store. (The Minnesota Star Tribune)

MINNEAPOLIS — Target plans to close 13 stores nationwide, including one in New Ulm and two others in Milwaukee and Superior, Wisconsin.

The Minneapolis-based retailer plans to close the stores on Jan. 30. The 13 are among Target's nearly 1,800 stores in the U.S.

Target was hurt by a massive credit-card breach before Christmas 2013 that sent shoppers temporarily fleeing. The company also pulled the plug on a major expansion into Canada earlier this year.

Spokeswoman Kristy Welker said the closings are due to the stores' individual performance and unrelated to Target's overall performance.

Layoffs in 2015 included 2,500 jobs, or about one-fifth of the workers in the company's corporate offices in Minneapolis and Brooklyn Park.

Advertisement
about the writer

about the writer

More from Minnesota Star Tribune

See More
In this photo taken Monday, March 6, 2017, in San Francisco, released confidential files by The University of California of a sexual misconduct case, like this one against UC Santa Cruz Latin Studies professor Hector Perla is shown. Perla was accused of raping a student during a wine-tasting outing in June 2015. Some of the files are so heavily redacted that on many pages no words are visible. Perla is one of 113 UC employees found to have violated the system's sexual misconduct policies in rece
Associated Press/The Minnesota Star Tribune

We respect the desire of some tipsters to remain anonymous, and have put in place ways to contact reporters and editors to ensure the communication will be private and secure.

Advertisement
Advertisement

To leave a comment, .

Advertisement