Target announces another new L.A. store

CityTarget-Logo.jpgThis one will be on the second floor of the Beverly Connection, and it's slated to open in about a year. As reported by the LAT, it will be dubbed CityTarget, a smaller version of the standard Target (groceries, household items, clothes). A CityTarget will open in Westwood this summer and downtown in the fall. From the Times:

[Cary Strouse, Target's senior vice president of stores for the Western region,] said Target was also looking to open additional stores in other big cities around the country. Three are already planned in Chicago, Portland and Seattle. "You won't see a 36-pack of toilet paper at a CityTarget, for example, whereas you might see that in a normal Target," Strouse said. The smaller CityTarget stores will range from 85,000 to 100,000 square feet; in comparison, the average Target is 130,000 square feet and the average Super Target is 175,000 square feet.

All the major big-box retailers are looking for ways of getting into city locations. Walmart is focusing on groceries (Chinatown will be one of the locations,) while the CityTarget concept is really just a scaled-down version of a conventional suburban store. Space is more limited and urban shoppers are often looking for different kinds of merchandise. Urban areas are becoming desirable because they're generally under-served. Here's the press release.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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