Target to Open Small-Format Store in Chicago

Target Corp.’s new small-format store in Chicago will be the first store in a U.S. Historic Landmark – the newly restored Carson Pirie Scott building, now known as Sullivan Center.

“I applaud Target for bringing this urban store concept to Chicago, as well as the new jobs and economic opportunity this store will create,” said Chicago Mayor Richard M. Daley. “Target will be an important addition to State Street, one of Chicago’s most important retail centers, and will be located in one of the city’s most architecturally significant buildings.”

Target also announced that its small-format locations across the United States, including the new Chicago store, will be named CityTarget. The CityTarget format will offer shoppers the convenience of one-stop shopping with fresh food, apartment essentials, fashions and exclusive designer collections.

The Chicago store will open in 2012 and is expected to create about 200 local jobs. Target currently has 10 other stores in the city of Chicago.

“Target is honored to open a CityTarget on State Street,” said John Griffith, Target’s executive VP of property development. “We look forward to preserving this Chicago treasure and blending in with the building’s aesthetic. A hallmark of Target is our flexibility in store design, which allows us to bring high-quality products at great values to our urban guests.”

Minneapolis-based Target Corp. operates 1,750 stores in 49 states.