Casual commentary about political, cultural and economic issues with a particular interest on the city of Winnipeg by John Dobbin
Monday, August 6, 2012
CityTarget in Chicago Target stores in recent weeks have opened their new urban concept store in Chicago to great fanfare. It is along a major transit corridor and built inside a beloved historic building. The store is smaller than their regular store and much smaller than the 180,000 square foot SuperTarget. Stores are scheduled for Los Angeles, Seattle, Portland.
Target already had two regular Targets in Minneapolis and Harlem, New York. The regular stores are not easily built or always suitable in large urban centres though. Also they are too large for the purposes of the company.
So what does a CityTarget have? It has food and quick service items for urban dwellers. Speed is what the store wants to offer cutomers. Get your milk and bread and oh, rain out...get an umbrella and light jacket. Quick, handy, urbane and needed.
With Zellers shutting downs its downtown store in the next little while and The Bay hanging by a thread along Memorial, one wonders if Target could be attracted to the location. And if not Target, one of the other retailers from the U.S. who are pushing hard for downtown locations such as Walmart.
The next big crisis downtown is The Bay.
In 2013, it is very likely the store will shutter the doors. If there is a retail chance in hell of saving the place, it will come from approaching companies like Target and seeing if it fits in their long view for Canada.