July 07, 2016
If Target has been zeroing in on a bull's-eye for expansion, it would appear that they've decisively picked the Philadelphia metro area.
A 19,000-square-foot Center City store with an in-store pharmacy and Starbucks is set to open later this month at 12th and Chestnut Streets, followed by a Rittenhouse Square location in the fall and a third store near the Philadephia Museum of Art in 2017.
According to the Philadelphia Business Journal, Target is now planning to open a fourth store at the Ivy Ridge Center on the southeast corner of Ridge Avenue and Domino Lane.
Billed as one of Target's "flexible format stores," the 46,000-square-foot Roxborough location will feature a customized selection of grab-and-go essentials to go with the usual apparel, tech, toys, sporting goods, health and beauty products, and home design items.
The new store, expected to open next March, will take over the vacant storefront of the former Superfresh that closed following a bankruptcy filing last summer.