Target to Close Uptown Minneapolis Store
Target’s small-format store in Uptown Minneapolis is slated to close after a five-and-a-half-year run.
On Monday, the Minneapolis-based retailer confirmed that the Uptown store will close on May 13. Target first opened the Uptown location in October 2017 around the same time as a dozen other small-format stores throughout the country.
Target first confirmed the news to the Star Tribune on Monday, but the company had apparently been mulling the store’s closure for a long time. In a statement, Target spokesperson Joshua Thomas said that any decision to close a store comes “only after multiple years of working to improve performance.”
“That is the case for our Uptown store, which will be closing May 13,” Thomas said. “We remain committed to the Minneapolis metro area, including the more than 50 stores we operate in the metro area.”
Target is still committed to the small-format model, too: The company plans to open about 20 new stores this year, and about half of them will be small-format stores. But the Uptown location suffered from a lack of foot traffic. And, as with several other businesses in the neighborhood, the store had limited parking options for customers.
Thomas said that all 45 of the Uptown store’s workers will be given the opportunity to work at other nearby Target locations. The Uptown store spans 20,000 square feet at 1300 West Lake Street. It’s on the first floor of an apartment building known as Revel. The store is one of four small-format closures for Target this year.
Target doesn’t own the building the store is located in. The company is in talks with the landlord about next steps.
The shuttered Uptown store will join a growing list of vacant retail spaces in the neighborhood. The number of “for lease” signs along Hennepin Avenue is a testament to Uptown’s struggle to hang on to retailers. Within recent years, the neighborhood has lost an Apple store, a Columbia Sportswear store, a North Face, and more. Still, a few new businesses have popped up within recent months. There’s the Arts + Rec mini-golf space inside the Seven Points Mall. And the Uptown Theatre is slated to reopen as an entertainment venue in May.