Thursday, January 13, 2011

Right on Target!

Big news! I actually let out two loud "whoo hoos" at work when I heard, but apparently the company who owns Target has purchased Zellers here in Canada.

They apparently will eventually converting the stores into Targets by 2013.

As excited as I am to finally get a Target here (fantastic home stuff for great prices), it's a little heart-breaking to hear that they are getting rid of the Zellers brands...

I remember going with my grandparents and parents there for lunch when I was a little girl. I also still shop there quite frequently!

But all in all, I can't wait to stock up on cute home items like all my fellow American blogging friends!

Sent on the TELUS Mobility network with BlackBerry


Kristi said...

This news makes my day as well! I had heard that they were coming to Canada but to know for sure is great!

Scoremore said...

Target has a potential upside of 15.7% based on a current price of $55.5 and an average consensus analyst price target of $64.22.The company is acquiring leasehold interest in up to 220 sites from Zellers Inc. and expects to open the first 100 to 150 Target stores in 2013 and 2014.