Tuesday, November 3, 2015

Target Secures Two Locations in Philadelphia

by Steve Lubetkin, Globest.com
Target Stores has secured two locations in Center City Philadelphia for new, smaller-than-usual retail stores of under 25,000 square feet.

The two locations are 1900 Chestnut (a 23,000 square-foot site being developed by Pearl Properties) and 1112Chestnut (a 22,000 square-foot site being developed by The Brickstone Companies).

The merchandise assortment and services in these locations, sometimes called TargetExpress, will offer quick-trip items focused on immediate use vs. stocking up, as offered in the larger format Target stores. Assortments will include smaller pack sizes and items geared toward instant consumption, like grab-and-go sandwiches and fresh food, but will also include merchandise not found at other quick-trip stores, including an assortment of items in Home and Electronics.

Both locations are currently under construction with planned openings in 2016.

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