Target in the Canberra Centre in Civic will cease operations on 22 October.
Canberra Centre general manager Gary Stewart said the decision was made after “close coordination and discussion” between the centre and Target owner Wesfarmers.
“Target’s departure provides us with a valuable opportunity to unlock retail space at Canberra Centre, allowing us to reimagine Canberra Centre’s retail mix in line with our long-term master plan,” he said.
Work has commenced behind the scenes to secure new shopping outlets in the space left behind.
“Our team is hard at work to deliver experiences that keep up with the evolving needs of our community, and we are pleased to confirm that work is currently underway to deliver two market-leading brands to the space left by Target,” Mr Stewart said.
Details of the new brands were expected in the coming months.
Canberrans took to social media to express their shock.
“Well, that’s sad. It’s been there since it was first turned into the city markets,” wrote one.
“Oh no!! That’s the best target …” said another.
However, plenty of posters were happy to see the brand leave Civic.
“Target is so incredibly overpriced for what it is. Their sizing is atrocious, glad to see them go,” one commenter noted.
The Civic shopfront was the latest Target to leave the Capital; the Weston Creek store closed mid-last year as part of a significant shake-up by Wesfarmers. Target stores at Belconnen and Tuggeranong remain open.
Meanwhile, Canberra Centre was almost ready to welcome major beauty and wellness provider Sephora into the fold.
“The introduction of this much awaited global beauty destination is sure to generate excitement amongst our shoppers, who will now have access to a range of new and exclusive brands and products,” Mr Stewart said.
Sephora’s Australia flagship store opened in 2015 on Sydney’s Pitt Street Mall and has since expanded to 24 locations across the country.
Sephora Australia and New Zealand general manager Mark O’Keefe said it was about time the global beauty retailer set up shop in the nation’s Capital.
“Our Canberra clients have long been asking when they can get their hands on an in-person Sephora shopping experience, which makes it incredibly exciting for us to introduce a completely new and dynamic store for them,” he said.
“We are thrilled to finally bring our Sephora DNA to the Canberra community, creating a fun environment to learn across our extensive beauty assortment.”
The Canberra store will cover 307 square metres and offer Sephora’s largest in-store fragrance offerings.
Exclusive brands including Rare Beauty, Fenty Beauty by Rihanna, tarte cosmetics, Fresh Beauty and Sephora Collection would also be available.
A pre-opening day party will be held on Thursday, 25 August, from 7 am to 9 am, while the store itself will open from 9 am. It will be located at Shop EF20, Level 1.