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Target to Open Smaller-Format Stores in San Francisco’s Financial District and Berkeley

New TargetExpress Stores Customize Guest Experience

MINNEAPOLIS —

Target Corp. (NYSE: TGT) today announced plans to open two new TargetExpress stores in San Francisco’s Financial District and Berkeley, Calif., in March 2015. Target’s first TargetExpress store opened this year in Minneapolis, and the San Francisco-area stores will mark the first time Target is expanding this format outside the Minneapolis area.

The San Francisco store will be approximately 18,000 square feet and located at the southwest corner of Bush Street and Sansome Street, next to the Montgomery BART station, in the heart of the financial district. The Berkeley store will be approximately 12,000 square feet and located at the southeast corner of Shattuck Avenue and Allston Way, next to the Downtown Berkeley BART station, near the main entrance to the University of California, Berkeley.

“From listening to our guests at the two San Francisco CityTarget stores, we know the smaller format of TargetExpress will fit right into the busy San Francisco Bay Area lifestyle and enable us to cater to each community’s needs,” said Kamau Witherspoon, senior director, Store Operations, Target.

Target store teams have spent time understanding each local community to determine the right merchandise mix for each store, so both TargetExpress locations will be customized to fit the individual needs of the surrounding neighborhoods. For example, the Bush Street store will feature a large grab-and-go area with sandwiches, salads, breakfast items like yogurt and mid-day snacks for busy commuters on the go. The store will also include a Starbucks and select items from Target's Made to Matter collection, which features products from San Francisco Bay Area companies like Annies, Yes To and Method.

The Berkeley store will offer a large selection of grocery items, including produce, dairy, frozen, snacks and beverages to serve the students, commuters and residents of Berkeley. Additionally, both new TargetExpress stores will be stocked with essentials in home, beauty and electronics, including a robust assortment of Target’s owned brands. The stores will also include Target’s popular pick-up-in-store service and a pharmacy.

Target opened the first TargetExpress in Minneapolis in July, and has announced plans to open one in the Highland Park area of St. Paul, Minn. in 2015. A third San Francisco Bay Area TargetExpress will also open in 2015, with a location to be announced in the coming months. 

About Target

Minneapolis-based Target Corporation (NYSE: TGT) serves guests at 1,925 stores – 1,795 in the United States and 130 in Canada – and at Target.com. Since 1946, Target has given 5 percent of its profit to communities, that giving equals more than $4 million a week. For more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit ABullseyeView.com or follow @TargetNews on Twitter.

TAGS: Real Estate, Stores

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