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Big things come in small packages at Target
MINNEAPOLIS — Target reportedly is scaling back with a new small urban format.
Announced on Friday at Target Field in Minneapolis, the big-box retailer said it will develop stores that will be 60,000 sq. ft. to 100,000 sq. ft., compared with its typical 125,000-sq.-ft. to 180,000-sq.-ft. size.
The first smaller-scale store is slated to open in Seattle in 2012, followed by several other cities.