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Target Plans To Add 100 Stores in '04

MINNEAPOLIS-The discounter will spend up to $3.4 billion on the new stores. The chain will also close or relocate about 15 stores as part of the process.

By Jim McCartney | Updated on April 09, 2004

MINNEAPOLIS-Target Corp. says it plans to add about 95 to 100 stores this year in its annual filing with securities regulators. After taking into account stores closed and relocated, the new growth would be from 80 to 85 stores.

The discounter expects to spend between $3.2 billion and $3.4 billion on the new stores and the distribution and other support systems.

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