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Friday, Sep 30, 2022

Target to Open Concept Store Near UCI

Minneapolis-based Target Corp. selected Irvine Company’s University Center near University of California-Irvine as one of four college campus locations where it will open a “flexible-format” store. It will be the first such store in Orange County.

The 20,000-square-foot space—about half the size of an average Target store—will sell fresh groceries, sandwiches, salads, beverages and snacks; health, personal care and beauty products; an assortment of dorm and apartment essentials; men’s, women’s and local sports team apparel; as well as portable technology products and accessories.

The store is set to open in July, along with similar shops at University of Florida in Gainesville, University of North Carolina at Chapel Hill, and University of Southern California in Los Angeles.

“We’re thrilled that Target has chosen University Center to open its new concept store designed specifically to meet the needs of the local community,” Dave Moore, president of Irvine Co. Retail Properties, said in a statement. “It will offer great products with convenience for our diverse shopper base of students and faculty to residents and employees.”

The retailer has a recent market value of about $45 billion and operates 1,797 stores in the U.S., of which 23 are “flexible-format.”

“We’re excited to provide UC Irvine with a quick-trip shopping experience with an assortment that only Target can provide with our first flexible-format store in Orange County,” said Mark Schindele, senior vice president, Properties, Target.

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