Target said it plans to close stores in Broomfield, Colo., Raleigh, N.C., Orlando and Portland by the end of its fiscal year in late January.
In each case, the company said the decision was made after careful consideration of the financial performance of the specific location and that all eligible store employees were offered the option to transfer to a nearby Target store. What’s interesting about the closures is that the stores aren’t all that old. The Broomfield and Raleigh locations opened in 1995 while the Portland store opened in 1996. The Orlando Super Target location on West Colonial Drive is roughly a decade old as it opened in 2001.