Target selling office furnishings unit

Minneapolis -- Target Corp. is selling its Target Commercial Interiors (TCI) subsidiary, which provides office furnishings and related services for business and commercial clients, to Minneapolis-based Omni Workspace Company, commonly known as A&M Business Interior Services. A&M will operate TCI, which will be renamed on the completion of the acquisition, as a wholly owned subsidiary.



“Target Commercial Interiors has a rich history and a great track record with clients, but its business model is tailored to commercial customers. The decision to exit a business is always difficult, but we are thrilled that TCI will remain in Minneapolis,” said Target CFO John Mulligan.



TCI was founded in 1953 as Dayton’s Commercial Interiors, changing its name in 2004 shortly after The Dayton Company became Target. TCI supplies office furniture to Target’s Minneapolis headquarters and its other offices around the country, and will remain a vendor partner to Target.