"The opportunity we see is to better distinguish the offering from Target to Kmart ... they were too similar frankly," Managing Director Rob Scott said.
A Target spokesman told 7NEWS.com.au there were no specific stores being closed but that stores would be assessed on a case by case basis.
Several stores have already been closed in the last two years, as the department store's online business grows.
'It is business as usual for Target, and all stakeholders will be communicated with well in advance of any planned change to Target’s store network," the spokesman said.
"We look forward to continuing our relationship with the communities where we operate and remain committed to providing our customers fashion that excites and quality that endures.
"As always, and with great respect, our team members will be communicated with first if there are any planned changes to our stores.
"And in all cases we will work with impacted team members to find redeployment opportunities at other Target stores or across the broader Wesfarmers Group."
This story first appeared on 7News.com.au
