Target to Open Its First Canadian Stores in 2013

Target will open its first stores in Canada in 2013, the second-largest discount retailer in the U.S. announced in a statement Thursday. The company agreed to pay $1.84 billion to acquire the leasehold interests for as many as 220 sites operated by Hudson's Bay Co.'s Zellers stores.

Target Going Canadian

girl in a Target cart - TargetIt's official, Target is expanding north of the border, and has agreed to pay C$1.825 billion to purchase the leases of up to 220 stores currently...