Loading ...Walmart to buy 13 former Target Canada stores and a distribution centre
Retailer to hire about 2,400 to set up and staff stores and another 1,000 for distribution centre
The Canadian Press Posted: May 08, 2015 7:00 AM ET Last Updated: May 08, 2015 7:25 AM ET
Walmart’s $350-million plan is subject to court approval. (Nathan Denette/Canadian Press)
Walmart is buying 13 of the former Target Canada stores, along with a distribution centre in Cornwall, Ont.
Walmart Canada says it will spend about $165 million for the leases and properties and a further $185 million on renovations.
The $350-million plan is subject to court approval, as part of Target’s exit from the Canadian market.
Walmart expects renovations to start in a few months and to employ about 1,500 trade and construction workers.
It also plans to hire about 2,400 people to set up and staff the stores and another 1,000 for the distribution centre.
One of the stores is in Winnipeg and the others are in British Columbia, Ontario and Quebec.
Here is a list of the locations involved:
- Scottsdale Mall, Delta, B.C.
- Coquitlam Centre, Coquitlam, B.C.
- Surrey Place/Central City, Surrey, B.C.
- Haney Place Mall, Maple Ridge, B.C.
- Southdale Centre, Winnipeg, Man.
- Guelph, Guelph, Ont.
- Bayshore Shopping Centre, Ottawa.
- Billings Bridge Plaza, Ottawa.
- Pen Centre, St. Catharines, Ont.
- Candiac Power Centre, Candiac, Que.
- Terrarium Shopping Centre, Pointe Claire, Que.
- Galeries Chagnon, Levis, Que.
- Place Fleur De Lys, Quebec City, Que.
- Distribution Centre, Cornwall, Ont.
With files from CBC News