Target announces first 24 stores in Ontario
Minneapolis -- Target Corp.’s plan to open 125-135 stores in Canada is rapidly taking shape, as the retailer has released the locations of its first 24 stores in the country.
As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc.
The majority of Target’s initial two dozen stores will open in early 2013, and include four locations in Toronto (Centrepoint Mall, Cloverdale Mall, Shoppers World Danforth and East York Town Centre).
“Target looks forward to continuing our strong reputation of being a good neighbor in the Canadian communities in which we will do business,” said Tony Fisher, president, Target Canada.
Approximately $10 million to $11 million will be invested to remodel each facility. Staffing per store will number 150 to 200.
Target said it will announce additional store locations in the coming months.