Target Cuts Store Openings

Target Corp. yesterday said it will open fewer new stores than previously projected during the next two years, according to reports.

MINNEAPOLIS — Target Corp. here yesterday said it will open fewer new stores than previously projected during the next two years, according to reports. The company, citing the economic slowdown, now said it plans to add 70 stores in 2009, down from previous plans of opening 70-75 locations. The company also is planning to open “still fewer” stores in 2010, the reports said. Target disclosed its revamped development plans in a conference call with analysts and investors. In addition, Target ha

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