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Company Overview Of Target Corporation

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The Target Corporation is gearing up to bring one of its newly redesigned retail stores to North Texas. Minneapolis-based big-box retailer Target recently filed plans with the Texas Department of Licensing and Regulation to build a large-format store in Denton which will cost more than $22 million. The registration filing shows that the company’s future North Texas store will be a ground-up project to be included in a new mixed-use development. Located at 2755 West University Drive in Denton, Target’s future retail store will feature a sleek redesign with modern elements and expanded space, in line with the company’s new store strategy that was revealed in November 2022. Target tested the new concept when it debuted at a new location near …show more content…

Other changes include an open layout, larger team spaces, and built-in sustainability features like natural (CO2) refrigerants and EV charging ports for guests. “Target’s stores are at the heart of how we deliver for our guests, whether they browse the aisles, shop online or stop by for same-day services like Order Pickup and Drive Up,” John Mulligan, executive vice president and chief operating officer at Target, said in a news release about the revamped store concept. “With our reimagined store design and larger store footprint that better supports our same-day services, we can give guests more of what they love while incorporating features that build on our commitment to sustainability, community, and helping all families discover the joy of everyday life,” he continued. With an average size of nearly 150,000 square feet, Target’s updated store model is roughly 20,000 square feet larger than the retailer’s legacy stores. The new stores are being created to hopefully better serve guests and employees in addition to driving growth for the company, the company explained in the news

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