Posted by: youngragingbull | March 4, 2013

Target to open first Canadian stores tomorrow

U.S. discount retailer Target is set to open its doors to customers in Canada for the first time tomorrow, approximately a month ahead of schedule, the company announced Monday during a media tour of its new locations in southwest Ontario.

Target Canada president Tony Fisher said its stores in Guelph, Fergus and Milton, Ontario are slated to launch Tuesday morning. Target’s other 21 Canadian stores – all in Ontario – are expected to open near the end of March, although no official date has been set by the company.

“We’ve never publicly said ‘This is our grand opening date’ … because we wanted flexibility to make sure we open when we are ready,” Fisher said during a question session with the media.

“We expect to have all 24 stores open by the end of March, leading up to our early April grand opening,” he said during a question session.

The Minneapolis-based retailer is expected to open between 125 and 135 locations in Canada in spaces that were once owned by Zellers.

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