New Target store planned for Cape Cod

Expect to see more white and red bags on Cape Cod.

The retail giant Target has announced plans on Tuesday to open a store in Hyannis' Cape Cod Mall in 2019.

The company has signed a lease with Simon Property Group for an 80,000-square-foot store.

Target's headquarters is located in Minneapolis, Minnesota.

This will be the chain's 47th store in Massachusetts, and will be considered a small-format store. The reduced sized stores aim to streamline shopping experiences with essentials stocked through focus groups on local consumers. One such store exists near Boston University on Commonwealth Avenue.