MINNEAPOLIS (January 26, 2012) – Target Corporation is pleased to confirm that Five Points Shopping Centre in Oshawa, Ontario will be home to a future Target location. As previously announced, Target purchased the leasehold interest in the Five Points Shopping Centre site, which is currently operated by Zellers Inc. Target plans to open 125 to 135 stores in Canada, the majority of which will open in 2013. Approximately $10 million to $11 million will be invested to remodel each facility in order to bring the full Target brand experience to Canadian communities.
This Oshawa location is scheduled to open in summer 2013. The store will employ approximately 150-200 team members and hiring for store team members will begin in 2012. Canadians interested in working for Target are encouraged to visit www.Target.ca/careers to learn more about job opportunities and Target’s fun, collaborative work environment.
About Target
Minneapolis-based Target Corporation (NYSE:TGT) serves guests at 1,767 stores across the United States and at Target.com. The company plans to open its first stores in Canada in 2013. In addition, the company operates a credit card segment that offers branded proprietary credit card products. Since 1946, Target has given 5 percent of its income through community grants and programs; today, that giving equals more than $3 million a week. For more information about Target’s commitment to corporate responsibility, visit Target.com/hereforgood