Target Enters the Urban Market to Boost Lagging Sales

[thelakelander]

Where do you think an urban Target location makes sense in Jax?

Struggling Minneapolis-based retailer is thinking big by betting on a small store, urban revolution.

Target posted a 1.5% decline in same-store sales and adjusted earnings of $1.45 a share in the fourth quarter of 2016, badly missing estimates. The discount retailer has now seen same-store sales decline for three straight quarters. Amidst pressure from online retailers like Amazon, who plan to open a series of drive through grocery stores nationwide, Target is looking to ignite slumping sales trends by expanding into new urban neighborhoods with a small-store format tailored to each local market.

Full article: http://www.moderncities.com/article/2017-mar-target-enters-the-urban-market-to-boost-lagging-sales

[Dapperdan]

It's a really good idea. Brooklyn would be the most ideal place for it right now. For all the apartment livers there it would be good for them to have a place to go to pick up quick items and to pick up online deliveries.

[thelakelander]

Northern San Marco, at a location like the Baptist Convention site on Hendricks, wouldn't be bad either.  Something in the general vicinity would have I-95 visibility, and be within walking distance to the Skyway's Kings Avenue Station. Brooklyn or even something along State & Union or Main in the Northbank wouldn't be bad either.  All have the ability to pull from a much larger geographic area than just the downtown core.

[Captain Zissou]

I was thinking a smaller footprint target (not necessarily urban) would work at that cleared corner of emerson and philips.  Immediate surroundings aren't their target demographic, but via the interstate they have all of the core neighborhoods within a 10 minute drive. San Marco, St Nich, and Miramar are in desperate need of a target.

[Mueller]

The Target here in DC (Columbia Heights) is one of the anchors of the 14th St NW and Columbia intersection, and is always packed to the brim with customers and lines for checkout. It's part of a complex that has a relatively small footprint, in that it is built upward rather than outward. They have a neat escalator built just for the shopping carts between levels. There's other retail in the building (a gym, Best Buy, Modell's sports store, Bed Bath Beyond, and a host of smaller restaurants and eateries), but it only takes up 2 blocks x 1 block.

Pics: https://www.flickr.com/photos/beyonddc/5073728495/in/set-72157625146351352

It definitely transformed a neighborhood that was decimated after the 1968 riots: https://sites.google.com/site/gironjoshua/images-of-a-childhood/washington-dc-1968-riots

Of note, though, is that the parking lot they built for the facility is never full (although the stores are adjacent a major Green Line metro station).

[Kerry]

I would put it where the old YMCA was, and the new parking lot is.  Atlanta has several urban Targets but they are just standard suburban stores modified to fit on a smaller piece of land.

[FlaBoy]

Northern San Marco, at a location like the Baptist Convention site on Hendricks, wouldn't be bad either.  Something in the general vicinity would have I-95 visibility, and be within walking distance to the Skyway's Kings Avenue Station. Brooklyn or even something along State & Union or Main in the Northbank wouldn't be bad either.  All have the ability to pull from a much larger geographic area than just the downtown core.

Agreed. Southbank/San Marco or Brooklyn would definitely be leading contenders if that were to happen. I would lean towards Southbank/San Marco though. I think the Baptist HQ site would be perfect.

[coredumped]

How about a city target like in portland, but at the location of the old ParkView inn?

Tons of traffic, close to FSCJ, helps Springfield and downtown. Even close enough to Arlington.

I think that location would be ideal.

[spuwho]

How about a city target like in portland, but at the location of the old ParkView inn?

Tons of traffic, close to FSCJ, helps Springfield and downtown. Even close enough to Arlington.

I think that location would be ideal.

That is an excellent suggestion

[ProjectMaximus]

How about a city target like in portland, but at the location of the old ParkView inn?

Tons of traffic, close to FSCJ, helps Springfield and downtown. Even close enough to Arlington.

I think that location would be ideal.

Agreed. Wasn't CVS at one time close to moving on this site?

[Steve]

I'm not sure how close CVS was, as much as it was wishful thinking. It wouldn't be a bad location for a CVS though, since their urban core presence is non-existent.

[thelakelander]

It appears CVS is headed to Brooklyn Station.

[Gators312]

How about a city target like in portland, but at the location of the old ParkView inn?

Tons of traffic, close to FSCJ, helps Springfield and downtown. Even close enough to Arlington.

I think that location would be ideal.

I wonder if that is the same developer of the Seattle City Target, just up from the Public Market.  The residential above looks almost identical. 

Edit:  That is the City Target in Seattle, not Portland.   Either way - I love this style of Target.  I believe Gainesville is getting one at 13th St and University Ave.