written by Tom Sullivan
Target projects that there is room in the United States for 2,500 to 3,000 stores. That’s a lot of Targets.
Target Corp. said Wednesday that it expects to increase its U.S. presence by 33 percent over the next five years, to about 2,000 stores, and will open its first outlets in Alaska and Hawaii.
Target Chairman and Chief Executive Robert Ulrich said in a presentation to analysts that the company remains focused on adding U.S. stores. Target has shown relatively little interest in adding stores in Canada or other locations outside the United States. That’s in contrast to retailers such as Best Buy Co. Inc. — which has a fast-growing Canadian operation and is expanding into China — and Wal-Mart Stores Inc., which has nearly a third of its 6,700 stores outside the United States.
For more, see Target to add 500 stores in U.S. over next 5 years.
Here, we’ve already got the first stores in Hawaii and Alaska plotted. Looking forward to see where else Target will be opening up, especially in these two new states.


