Tag Archives: Target

Two Target Stores to Open Tuesday

Target - Kildonan Place Shopping Centre
Target’s new store at Kildonan Place Shopping Centre (STAN MILOSEVIC / CHRISD.CA)

Shoppers, on your marks.

Two Target stores are set to open their doors at 8 a.m. on May 7, and they’re expecting a rush.

“If we can have a large turn out, you won’t hear us complaining at all,” said Derek Jenkins, vice-president of external relations for Target Canada.

“This is our soft opening, so it helps us to test our systems… and helps our team members to train.”

The locations at Kildonan Place Shopping Centre and Southdale shopping Centre will open, along with the location in Brandon and 20 other stores in Western Canada. The Grant Park Shopping Centre is expected to open this fall or winter.

On Monday, Target invited the media for a sneak peek of their KP location.

View the photo gallery below.

Walmart Canada Rapidly Expanding as Target Arrives

By Brian Schultz

Walmart Supercentre
Walmart Supercentre

Walmart Canada is rapidly expanding its presence in Canada as Target prepares to enter the marketplace in March.

The retailer’s expansion will add 1.4 million square feet of space and 37 supercentres at a cost of $450 million.

The expansion will take place beginning February 1 through January 31, 2014. The company also announced on Tuesday it will be expanding its distribution network to support its ongoing store growth and expansion plans.

Walmart’s expansion is expected to create more than 7,000 new store, trade and construction jobs, and also includes the first supercentres to open in the Maritimes this fiscal year.

Target Canada will open its first Winnipeg stores later this year as it transitions north of the border into the Canadian market.

Target Road Trip Making a Stop in Winnipeg Today

Target Road Trip Making a Stop in Winnipeg Today

The Target Road Trip caravan pulls into Winnipeg tonight at Red River Exhibition Park beginning at 6 p.m. (HANDOUT)

In anticipation for Target’s Canadian debut in 2013, the U.S.-based retailer has embarked on a cross-country tour to help spread the word.

Winnipeg-area residents will be treated to a holiday event to remember when the Target Road Trip caravan pulls into Red River Exhibition Park tonight.

Target will offer complimentary entry into Canad Inns Winter Wonderland, with more than one million lights in 26 different themes. The chain will also offer visitors complimentary entry to the outdoor skating rink in the park and the opportunity to meet Winnipeg Jets captain Andrew Ladd and hockey legend Dennis Hull, who will be on hand to meet fans and sign autographs.

The festivities will run from 6 p.m. to 10 p.m.

Update: Bobby Hull was previously scheduled to attend, but due to a scheduling conflict can no longer make it.

Plans on Target for Old Stadium Site

The future site of the old Canad Inns Stadium will become a mixed-use development site anchored by Target after the city sells off the land for $30.25 million.

The space at 1465 Maroons Road will also include other retailers under the guidance of Cadillac Fairview and Shindico Realty. The two companies, called Polo Park Holdings L.P, will develop as a result of an expression of interest put out by the City of Winnipeg in April 2011. They will also be responsible for demolishing the old stadium.

The city will use $20 million of the net proceeds for infrastructure and service requirements in the Polo Park vicinity, with $10 million already committed to the new Investors Group Field football stadium. The remaining $7.5 million will be provided as a grant towards construction at the new stadium and $2.5 million to support the development of a community-accessible fitness centre at the University of Manitoba.

Two additional 7,000-square-foot retail buildings are also part of the plan. Phase two includes development of the balance of the site, to be advanced over the next five to six years, based on market demand.

Target has previously announced plans to open up several stores in Winnipeg and one in Brandon by 2013.

Construction could begin by September 2013 if approved by a city committee.

Updated at 11:15 a.m.

Target to Open Two Winnipeg Locations in 2013

Target’s first two retail stores in Winnipeg will open up next spring.

The U.S.-based company announced Friday it would be converting two Zellers locations at Kildonan Place Shopping Centre and Southdale Centre into Target stores by March/April of 2013.

Brandon’s Shoppers Mall will also receive a Target.

The retail giant is spending $1.8 billion to acquire several Zellers locations from HBC to transform them. About 100 to 150 stores are expected to be bought and converted or sold by 2014.

In total, 59 Canadian locations are planned for Target, including in B.C., Alberta, Saskatchewan and Ontario.

Target Announces Planned Manitoba Locations

When Target transforms a select number of Zellers stores, Manitoba will have five of them.

The U.S. retailer announced its 105 Canadian locations on Thursday, which will begin opening up across the country in 2013.

Winnipeg Targets will be located at Grant Park Shopping Centre, Kildonan Place Shopping Centre, Polo Park Shopping Centre and Southdale Centre. Brandon will also get a location at Shoppers Mall.

Target is spending $1.82 billion to acquire the retail spaces from Zellers. The deal was announced earlier this year for the leases of 220 Zellers stores to be bought out.

Target will open up its Canadian headquarters in a 180,000 square foot space in Mississauga, Ontario.

Sale of Zellers Stores Makes Way for Target

By Brian Schultz

Hudson’s Bay Company plans to sell off a portion of its 280 Zellers stores to U.S. retailer Target.

The Globe and Mail originally reported the deal on Wednesday, saying U.S. property entrepreneur Richard Baker — who heads up HBC — was in talks with several big name retailers. On Thursday, both companies confirmed the news.

HBC will sublease up to 220 of its properties to Target Corp. in a deal worth $1.8 billion.

Target expects to open 100 to 150 stores throughout Canada in 2013 and 2014.

“Zellers will continue to operate a portfolio of certain Zellers stores in specific communities across the country,” a news release from HBC read.

Target’s entry into Canada is projected to create over 20,000 new jobs and generate over $1.5 billion in economic activity.

Retail experts say Target will do well in Canada, but consumers should not expect to see similar pricing compared to its U.S. stores.