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.).

Target said it expects to open 100 to 150 stores across Canada in 2013 and 2014. It anticipates renovating so

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