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Thursday, 11/09/2017 6:22:27 AM

Thursday, November 09, 2017 6:22:27 AM

Post# of 189161
Target is closing a dozen stores across a handful of states, including Michigan, Florida, Illinois and Texas, but not until after the holidays.

Meantime, the company is vastly expanding its portfolio of smaller-format stores, which CEO Brian Cornell called more profitable than big-box locations. This year, Target (NYSE:TGT) will have opened 32 pint-sized outlets, with 35 openings planned for 2018.

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