TARGET TO OPEN STORE IN L.I.

NEW YORK — Target Stores will enter Long Island next March, opening a unit in Commack that will be its second site in the New York metropolitan market.
A spokeswoman for the 752-unit chain on Wednesday confirmed a report that Target signed a lease for the Suffolk County location, but she declined to provide further details.
The discount division of Dayton Hudson Corp. opened its first store in the New York metropolitan area on March 8, in the Menlo Park Mall in Menlo Park, N.J.
Target has been laying plans for aggressive expansion into the Northeast, but has been constrained by the scarcity of real estate in the region. The Minneapolis-based chain has just four stores in New York State, all of them launched last year in the Buffalo market.
The $18 billion chain aims to open 30 to 40 stores in the Northeast over the next few years and to blanket the nation with stores by 2000, DH officials said at the firm’s annual meeting in May. Target is poised to open 40 to 50 stores in New York and New Jersey by 2002.
According to local politicians, Target has been scouting for sites in western part of Queens County. When told of that report this past spring, a company spokeswoman said, “It certainly wouldn’t be inconsistent with our growth plans. Clearly, the New York metropolitan market will be an area of growth for us.”

load comments
blog comments powered by Disqus