Dive Summary:
- Target plans to expand its number of brick-and-mortar locations, hoping to have 124 locations opened across Canada by the end of 2013.
- The company opened 24 stores in Ontario in March, and the aggressive expansion is expected to continue, according to reports.
- The popular American retailers began its widely-publicized expansion into the Canadian mainland after taking control of several Zellers store leases from Hudson’s Bay Co.
From the article:
The City of Ottawa recently granted construction permits for projects associated with Target’s expansion. This includes a 95,100 square foot project worth $5.8 million at the Billings Bridge location and an 117,674 square foot plan worth $5.1 million at the Meadowlands Plaza on Merivale Road.