On Monday, Oct. 28, Target (NYSE: TGT) announced that it is on track to open 33 stores in Canada by the end of next month. Thirty-one stores will open on Nov. 13, and the remaining two will open on Nov. 22. The new stores are part of an expansion into Canada that has been going on all year, starting in March when it opened the doors of its Ontario location.
"The final store openings for this year mark a major milestone in Target's history," Target Canada president Tony Fisher said in a statement. "The goal for our Canadian expansion was to open 124 stores across all 10 provinces in 2013, and we are proud to say that with the help of more than 20,000 Canadian team members nationwide, we have accomplished this unprecedented undertaking."
With the holidays quickly approaching, it's no surprise that Target is planning to open the additional locations just in time for the seasonal shopping rush. The majority of the new 33 locations will feature a licensed Starbucks and an in-store pharmacy. Some stores will offer Brunet pharmacies, slated to open starting in summer 2014. Target will also feature local products specific to each market, including the Aliments du Quebec product offering in Quebec.
The store locations will be in Charlottetown, P.E.I., Corner Brook and St. John's, N.L., and in communities throughout British Columbia, Alberta, Manitoba, Ontario, Quebec and Nova Scotia. Target currently has 68 stores doing business across the country.
For more, see:
This Target press release
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