The chain said the 12 stores will remain open through the holidays and will finally shut their doors on February 3. In Minnesota, two Target stores will be closing along with two in Illinois and two in Michigan.
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Since the Forbes 400 was published in October, Amazon's share price has risen by more than 10%, lifting Jeff Bezos's fortune to around $95bn and making him the world's richest person.
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On Tuesday, Tesla announced that it had purchased an automation and machining company called Perbix. Perbix has supplied Tesla with parts for its high-tech factories in Fremont, California, and Sparks, Nevada, for the past three years, according to CNBC.
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The terms of the deal include an option for Constellation, owner of brands including Corona and Svedka, to increase its future ownership interest in Canada-based Canopy Growth Corp.
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Amid reports that Sprint would move soon to end merger talks with its rival, stand-alone valuations for Sprint suggest that the stock could go more than 50% lower — or higher.
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