In a Minnesota city that is already feeling the crunch of the economic downturn with recent store closures, another massive retail store has decided to call it quits. Read on to learn more.
Earlier this week, local sources confirmed that the major retail store chain Target would be closing one of its store locations in Minneapolis.
The affected Target store is located at 1300 W. Lake Street in Minneapolis near Boludo Pizza and the Agra Culture Kitchen.
This store location is expected close on May 13, 2023, according to this local source.
No specific reason was given as to why this location was marked for closure. However, a spokesperson for the company told Fox 9 News that the decision "isn't something we take lightly."
The closing of the Target store in Minneapolis may have a detrimental effect on the local community. For many, it was a source of convenience and shopping options, while for others, the store acted as a source of employment.
With the closure of this major store, there will be fewer jobs available and an even greater strain put on the local economy. It remains to be seen how much of an impact this will have in the long run, but it is certain that it will be felt by many who live in Minneapolis and its surrounding areas.
Kristen Walters is an independent writer informing readers about local business news. She has no affiliation with the business or organization featured in this story. Send inquiries, info, or corrections to email@example.com.
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