Thursday, January 12, 2012

A Bull's-eye for iPads: Apple May Put Ministores in Target - DailyFinance

Posted 4:00PM 01/11/12

Target (TGT) may be planning to add something that's chic but certainly not cheap to some of its stores.

Sources are telling Apple (AAPL) watcher AppleInsider.com that the tech giant will open small stores within 25 of Target's largest stores later this year.

However, if you already live in a major city that has a stand-alone Apple Store, don't expect to be camping out at your local Target to snag the iPad 3. Your town's not on the list. Apple's plan apparently is to launch these mini-stores in smaller cities where opening its own store concept in the middle of a mall isn't economically feasible.

Russian Nesting Dolls of Retail

Target is no stranger to the "store-within-a-store" concept. When RadioShack (RSH) was looking for a new partner after its deal with Walmart's (WMT) Sam's warehouse clubs expired, Target stepped in; up popped hundreds of RadioShack kiosks inside select stores.

It's a popular trend that isn't going away anytime soon.

A Bull's-eye for iPads: Apple May Put Ministores in Target - DailyFinance

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