Target Plans Canadian Openings in 2013

MINNEAPOLIS — Target Corp. here said Thursday it expects to open its first Canadian stores in 2013 following the signing of an agreement to purchase leasehold interests in up to 220 sites from Zellers Inc., a subsidiary of the Hudson's Bay Co., Toronto, at a cost of approximately $1.9 billion (U.S.).

MINNEAPOLIS — Target Corp. here said Thursday it expects to open its first Canadian stores in 2013 following the signing of an agreement to purchase leasehold interests in up to 220 sites from Zellers Inc., a subsidiary of the Hudson's Bay Co., Toronto, at a cost of approximately $1.9 billion (U.S.).

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