Minor (or major depending on where you live) retail news was recently announced for a stretch of Clark Street in Lincoln Park that details plans for a new Target store coming to 2650 N. Clark Street, a location that was the previous home of Best Buy.
The new location is just the latest addition to Target’s strong push to open more TargetExpress and CityTarget stores, which tend to be a nice alternative for tighter urban areas without the kind of space a regular Target store requires.
As noted in the report, the Minneapolis-based retailer is focused on growth in urban areas, with Chicago being a major priority. Back in the summer of 2012, Target opened a new store in the Sullivan Center in the Loop and plans for another new store inside a residential building at 3200 N. Clark in Lakeview are already in the works.
To date, Target already has 18 smaller-format stores in the U.S. and plans to open another 14 over the next 2 years. In the case of the new Lincoln Park store, consumers can expect a pharmacy, apparel, food, and home and beauty products to all be available, with the lease running through January of 2019.