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Target to Open Stores in Canada, Eh?

Target is acquiring leases on over 200 Zellers stores in Canada in the amount of US$1.84 billion marking Target’s first venture to the international market. The Minneapolis-based company is planning to spend another C$1 billion in store renovations.

It’s about time that Walmart gets some tough competition.  The Arkansas-based company has been dominating the Canadian retail market for years and had been slamming Zellers on sales.

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Posted by on 01/17/2011 in Blogs, Global News

 

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