There will considerable variability in size and scope among the 30 to 40 stores that will opened by Target in 2021. The Company is selecting store layout according to the perceived needs of customers in the area of operation. Small-format stores will be established in urban areas catering to pedestrian traffic and for specific consumer demographics such as universities.
In commenting on store development, Brian Cornell, CEO stated, “Target stores are becoming more and more of a destination for a consumer consolidating the number of places in which they shop.”