Target Reveals Locations of First 125 Canada Stores
Target Corporation on Thursday unveiled the locations of the 125 stores it plans to open in Canada next year.
Minneapolis-based Target previously announced that it finalized a deal to acquire leases from Canadian retailer Zellers, Inc., and that it intended to convert Zellers locations and open between 125 and 135 Target stores in Canada in 2013.
Target said Thursday that it will begin with 24 stores in Ontario, which are set to open in March and April. It will then open 24 more stores across the country later in the spring, 20 in the summer, 25 in the fall, and 32 in the winter.
To view a complete list of locations and the time frame in which they will open, click here.
“Construction has already begun on our first set of stores, and we are excited to see the transformation as the Target brand comes to life in Canada,” Tony Fisher, president of Target Canada, said in a statement. “We have stores spanning from coast to coast, and we can’t wait to open our doors in Canada and deliver on our ‘Expect More. Pay Less.’ brand promise.”
Target will spend six to nine months renovating each location, spending more than $10 million on each remodel. The company said it will employ between 150 and 200 people at each store and has begun hiring for its store leadership positions. Recruitment for hourly jobs will start near the end of this year and continue into 2013.
The company last year began hiring at its Canadian headquarters in Mississauga.
Later this year, Target will disclose the locations of additional Canadian stores that will open beginning in 2014.
Target is Minnesota’s second-largest public company based on revenue, which totaled $68.5 billion in its fiscal year that ended in January. It currently operates 1,764 stores in the United States.