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    Target to celebrate 23 store openings this weekend

    By Dan Haugen | Published Tue, Jul 21 2009 10:14 am

    Target is opening 23 new stores this month, with grand openings scheduled for Sunday.

    The Minneapolis-based retailer has significantly scaled back new store openings in 2009, from 114 in 2008 to 75 planned this year.

    Seventeen of the stores will contain "expanded food options" and two will feature full-fledged grocery stores. Analysts believe groceries are a key reason why Wal-Mart has been outperforming Target during the past few quarters.

    The new stores are spread out from Hawaii to Massachusetts. The only Midwest site is Cedar Falls, Iowa.

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    Business Agenda reports on what's going on at businesses in Minnesota. Business Agenda provides brief, quick-reading items about important companies in Minnesota and the people who work at those firms. Business Agenda features new items every day Monday through Friday. 

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