Target today announces that it will close its Waterford, Mich. store at 355 Summit Drive at the end of business on Saturday, Jan. 29, 2011. The store opened in October 1987 and is being closed after careful consideration of the long-term financial performance of this specific location. All eligible store team members are being offered the option to transfer to nearby Target stores. Waterford Target guests can rely on the following Target locations as well as Target.com for their shopping needs: Bloomfield Township Target (3.5 miles) 2400 S Telegraph Rd. Bloomfield Hills, Mich. 48302 (248) 409-1951 Commerce Township Target (9.3 miles) 495 Haggerty Hwy. Walled Lake, Mich. 48390 (248) 960-7900 Auburn Hills Target (4.8 miles) 650 Brown Rd. Auburn Hills, Mich. 48326 (248) 393-8106 Troy Target (10.1 miles) 1301 Coolidge Hwy. Troy, Mich. 48084 (248) 614-9792 About Target Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,752 stores in 49 states nationwide and at Target.com. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood.