Oct 23 (Reuters) - Target ( TGT ) plans to cut around

1,800 corporate roles as part of its strategy to reverse

stagnant sales, the Wall Street Journal reported on Thursday,

citing people familiar with the matter.

As of February 1, the company had about 440,000

employees.

The company's restructuring follows 11 consecutive quarters

of weak or declining comparable sales, according to the report.

Target ( TGT ) maintained its annual forecasts in the previous

quarter owing to weak demand in its largely discretionary

segments such as apparel and electronics items.

Around 80% of the corporate job cuts will affect U.S.-based

employees, the WSJ report added.

Target ( TGT ) did not immediately respond to a Reuters request for

comment.