Target unveils Canadian Stores

[WestAust]

Full article can be found here:

http://business.financialpost.com/2011/05/26/target-unveils-canadian-stores/

 

List of Quebec Stores

 

• Galeries d,Anjou, Anjou

• Faubourg Boisbriand, Boisbriand

• Carrefour Angrignon, Lasalle

• Mega Centre Notre-Dame, Laval

• Galeries Chagnon , Levis

• Place Longueuil, Longueuil

• Place Alexis Nihon, Montreal

• Place Vertu, Montreal

• Terrarium Shopping Centre, Pointe Claire

• Les Galeries De La Capitale, Quebec City

• Place Fleur De Lys, Quebec City

• Place Laurier, Quebec

• Le Carrefour Rimouski, Rimouski

• Promenades Saint-Bruno, Saint-Bruno-de-Montarville

• Carrefour Saint-Georges, Saint-Georges

• Carrefour Richelieu, Saint- Jean sur-Richelieu

• Carrefour du Nord, Saint Jerome

• Carrefour de L,Estrie, Sherbrooke

• Les Rivieres Shopping Centre, Trois Rivieres

[JFrosty]

Actually, as stated in the article, that's just the first wave. Most Zellers are expected to become Targets.

[jesseps]

Funny thing is, I have yet to step foot in a Wal-Mart. I don't even think I will ever step in a Target. It is not like we will be seeing the same cost savings as the US anyways.

[Ornello Mastrocola]

you meant Zellers

[jesseps]

Target has struck a deal with Sobeys, Canada’s second-largest food chain, to supply the mass merchant with food at its outlets across Canada when it begins opening stores in 2013.

 

Target said it will open 125 to 135 stores in Canada, beginning in March 2013 with most of the locations opening that year, the retailer said Friday, announcing another 84 leases it had acquired from Zellers. Target announced in May it had selected an initial group of 105 Zellers leases, bringing that total to 189.

 

Target paid $1.825-billion in January for the leasehold interests of up to 220 Zellers sites in a deal with the owner of Hudson’s Bay Co. The 84 leases announced on Friday include the 39 leases for which Target transferred the rights to Walmart in June.

 

Sites tapped to become Target stores will be subleased to Zellers and will continue to operate as Zellers for some time, Target said. Those slated to become Target outlets will be closed for six to nine months for remodelling with about $10 to $11-million spent to upgrade each location.

http://www.cbc.ca/fp/story/2011/09/23/5448016.html#ixzz1Yn6DKMzq

 

Who teamed up with WalMart for the grocery section or did WalMart go in on their own?