Target is closing a dozen stores -- here's the list

  • Target is closing 12 stores in nine states. 
  • The stores are set to close in February. 
  • More than 6,300 store closures have been announced so far in 2017. 

Target plans to close 12 stores, even as the retailer doubles down on the brick-and-mortar shopping experience. 

The stores are set to shutter on February 3, the Star Tribute reported. According to a company spokesperson, the 12 Target locations across the US were chosen after "several years of decreasing profitability."

Target opened 32 stores in 2017 and plans to open 35 new locations in 2018, the Star Tribune reported. It's also making major investments in revamping stores' design, with plans to refurbish 1,000 of its 1,8000 stores by 2020.

RELATED: Check out more major retailers closing stores in 2017:

14 PHOTOS
Retailers closing stores in 2017
See Gallery
Retailers closing stores in 2017
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

More than 6,300 store closures have been announced so far in 2017, including 1,430 RadioShack closures and more than 800 Payless closures. 

Here's where the doomed Target stores are located:

  • Hastings, Minnesota
  • Fergus Falls, Minnesota
  • Harper Woods, Michigan (at the Eastland Mall)
  • Hutchinson, Kansas
  • Benton Harbor, Michigan
  • Slidell, Louisiana
  • Launderhill, Florida
  • Matteson, Illinois
  • Romeoville, Illinois
  • Baltimore, Maryland (in the Mondawmin Mall
  • San Antonio, Texas (Far East location) 

NOW WATCH: The man who co-created the legendary club Studio 54 built a massive luxury hotel that's trying to kill Airbnb

More from Business: 
Black Friday is starting earlier and earlier — here's when the holiday shopping season kicks off this year 
Target is giving workers a break this Black Friday — and it comes with a huge perk for shoppers 
Sears and Kmart are closing 63 more stores — see if your store is on the list

SEE ALSO: Black Friday is starting earlier and earlier — here's when the holiday shopping season kicks off this year

Read Full Story

Markets

NASDAQ 6,785.65 -7.65 -0.11%
S&P 500 2,580.90 -4.74 -0.18%
DJIA 23,368.17 -90.19 -0.38%
NIKKEI 225 22,396.80 45.68 0.20%
HANG SENG 29,199.04 180.28 0.62%
DAX 12,993.73 -53.49 -0.41%
USD (per EUR) 1.18 0.00 0.21%
USD (per CHF) 0.99 -0.01 -0.57%
JPY (per USD) 112.10 -0.93 -0.82%
GBP (per USD) 1.32 0.00 0.14%

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.