TARGET TAKES SUPERCENTER FORMAT INTO SOUTHEAST

MINNEAPOLIS -- Target Stores here said it plans to continue the expansion of its SuperTarget format from its Midwest base across the Southeast."We're not trying to avoid Wal-Mart," Bob Ulrich, chairman and chief executive officer, said in response to a question by a financial analyst, "because our assumption is that Wal-Mart will be everywhere eventually."We're looking at all potential locations.

MINNEAPOLIS -- Target Stores here said it plans to continue the expansion of its SuperTarget format from its Midwest base across the Southeast.

"We're not trying to avoid Wal-Mart," Bob Ulrich, chairman and chief executive officer, said in response to a question by a financial analyst, "because our assumption is that Wal-Mart will be everywhere eventually.

"We're looking at all potential locations. But our preference is to expand our geography in contiguous areas where it make

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TAGS: Walmart