How does Target decide where to open a store?

Target Corporation is an American retail corporation. It is the second-largest discount retailer in the United States, behind Walmart. Target operates 1,805 stores in the United States. The company is headquartered in Minneapolis, Minnesota.

Target Corporation is an American retail corporation.

The company is headquartered in Minneapolis, Minnesota.

So how does Target decide where to open a store?

There are a few different factors that go into this decision.

1. Population Density

One of the main things Target looks at when deciding where to open a store is population density. They want to make sure that there are enough people living in an area to justify opening a store there.

2. Income Level

Another factor Target takes into account is income level. They want to make sure that people in an area can afford to shop at their stores.

3. Competition

Target also looks at what other stores are in the area before deciding to open a new store. They want to make sure that they will be able to compete with other retailers.

Conclusion:

Based on the above three factors – population density, income level and competition – Target makes decisions about where to open a new store.

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