Walmart acquires Target Canada assets

Walmart acquires Target Canada assets

Walmart Canada said Friday it plans to take over one distribution center, 12 store leases and one owned property from Target Canada for approximately $165 million (Canadian), pending court approval.

Walmart also said it would spend $185 billion (Canadian) to renovate the stores and distribution center. Work is expected to begin within the next few months, with store opening dates to be confirmed at a later date.

The acquisition includes four stores each in British Colu

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TAGS: News Walmart
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