Thursday, January 21, 2010

Target stores to get a facelift in 2010

Good news for those of us who are tired of visiting somewhat "shopworn" Target stores: they're about to get a facelift. The Associated Press is reporting that Target will focus on polishing up existing stores rather than opening new ones this year.

The Bullseye will reportedly spend $1 billion renovating 340 stores while opening fewer than 10 new locations. The renovated stores will also offer more groceries. Target is also developing smaller stores for urban markets and plans to expand outside the U.S., most likely in Canada, Mexico or Latin America.

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