Target Succeeds with Smaller Format Stores — CNBC.com

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Target is remodeling stores and opening smaller locations. Both strategies seem to be working:

“Under the plan, it has been pouring money into planting pint-sized locations in major metros like New York and around college campuses like the University of North Carolina at Chapel Hill and refreshing its larger-format shops with new lighting, fresh flooring and a redesigned grocery space. As it accomplishes these key milestones, Target is proving how the rollouts and revamps are paying off.”

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