LETHBRIDGE: The local Zellers is not on the first list of stores to be converted
to a Target retailer.
The U.S. retailer picked 105 locations in 10
provinces, belonging to 22 different property owners and landlords.
signed earlier this year will see Target take over up to 220 Zellers locations
from the Hudson's Bay Co. for $1.825 billion. Target hopes to finalize the
acquisition of the sites and pay for the first half of the amount agreed on for
Target will choose additional locations before it makes a second
payment in the fall. Target will also open a Canadian headquarters in
Posted on Thursday, May 26, 2011 at 12/10/2013 1:38:33 PM
Source: Dori Modney -- Country 95 News