Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
This is an archival story that predates current editorial management.
This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.
Target Makes a Big Push With Smaller Stores into Los Angeles
Photo by ~db~ via the LAist Featured Photos pool
()
Big box stores are scaling down and making a big push into the city of Los Angeles.
Today Target announced the third location for its new project CityTarget, which is a whittled-down version of the big box store. The company has set its bulls-eye at the Beverly Connection on the corner of La Cienega and Beverly Blvd, and it is set to open March 2013. The store is 99,000 square feet, and it will be on the second floor of the building.
Two CityTargets are already set to open in Westwood and downtown, and this third store means that Los Angeles has more CityTargets in its future than any other city...so far. The Los Angeles Times reports that the stores will aim at a slightly different crowd: "Think less patio furniture, more pre-made sandwiches."
If you've been following big box news lately, you'll remember that Walmart is planning on bringing a scaled-down grocery store to Chinatown—much to the dismay of some labor groups (we haven't heard any rumblings from local labor groups unlike some groups in New York about Target's new push into the city).
Support for LAist comes from
The moves are part of the same trend. Our 'burbs are already saturated with the stores (Target notes there are 58 stores in the Los Angeles area, in its release), so big box stores are trying to figure out how to move into high-density areas in the city. Walmart is banking on stores selling groceries, and Target is scaling down and tweaking its model.
"If these pilot stores prove out with good economics, you can imagine all these large, high-population markets will be opportunities for growth," Matt Arnold, a consumer analyst with Edward Jones & Co., told the Times.
So if the move goes well, other cities around the country could be seeing more of these slimmed down Targets and Walmart.
Related:
Coming To Chinatown: L.A. County's First Wal-Mart Grocery
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
The bill would increase penalties for metal recyclers who possess or purchase metal used in public infrastructure. -
The new ordinance applies to certain grocers operating in the city and has led to some self-checkout lanes to shutter. -
Children asked to waive right to see a judge in exchange for $2,500 -
There’s still a lot to be determined as the refinery, which supplies about one-fifth of Southern California's vehicle fuels, works to restore production and as data is collected. -
The FCC voted to end E-Rate discounts for library hotspot lending and school bus Wi-Fi. -
About half the Pacific Airshow’s 2025 lineup has been grounded because of the federal government shutdown.
Best of LAist