Minneapolis — Target Corporation has revealed the next evolution of its new store strategy and store design. The new store design and larger store format recently debuted in a new location outside Houston.
The new larger-format stores optimize additional space and new design elements and, at nearly 150,000 square feet, the locations are more than 20,000 square feet larger than the chain average. While the retailer will continue to open stores of all sizes, it will focus on this larger footprint in the next few years.
Starting in 2023, more than half of Target’s approximately 200 full store remodels and almost all the retailer’s approximately 30 new stores will include elements of the new design. Beginning in 2024, all of Target’s remodels and new stores will feature the majority of the reimagined store design elements.
Target’s new stores with a larger footprint will feature:
- More space: The new store layout delivers a backroom fulfillment space that’s five times larger than previous stores of similar size. This additional space will help support the ongoing growth Target has experienced, with its stores fulfilling more than 95% of the retailer’s digital orders and same-day services accounting for more than 10% of its overall sales.
- Full range of merchandise: These larger Target stores will offer guests the retailer’s full assortment of merchandise, including expanded food and beverage, exclusive brand partnerships and a curated mix of owned brands and national brands that continues to differentiate the retailer and build guest loyalty.
- Increased light and natural elements: Larger windows and a more open layout will bring in more natural light. The design infuses elements such as plants and regionally sourced reclaimed wood to create a welcoming and inspiring space for guests and team members.
- Localized design features: Target will pull in community-focused elements to each store’s design, from native landscaping outside the store to localized product offerings within the store to foster an even more relevant experience for guests.
- Built-in sustainability: The retailer’s stores and operations play a pivotal role in its goal to achieve net zero emissions by 2040. Its future new stores and remodels will include updates such as natural (CO2) refrigerants to help lower the retailer’s emissions and EV charging ports for its guests, with many locations including rooftop solar.
- Enhanced team spaces: Target considers its team members to be at the core of its success and the company has invested to better serve its team when off the sales floor. The modernized offices and team member spaces provide flexible rooms that can be rearranged to serve the team’s varying needs, offer comfortable furniture options such as booth seating and more.
Minneapolis-based Target Corporation operates nearly 2,000 stores. For more information, visit www.Target.com.
SOURCE: Target Corporation