Content about Target Corp.

January 22, 2013

Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year.

Walmart on Tuesday updated its plans for its Canadian division, saying that it plans to complete at least 37 supercenter projects in the country during the company’s next fiscal year (Feb. 1, 2013 to Jan. 31, 2014). The announcement comes a couple of months before Target Corp.’s spring launch of its stores in Canada.

February 9, 2011

Discount retailer Target Corp. has agreed to pay the state of California $22.5 million to settle accusations that its stores dumped hazardous chemicals over a number of years, according to a tentative agreement filed in Superior Court in Alameda County.

Target admits no wrongdoing in the settlement, which is part of a crackdown on big-box retailers by California prosecutors. Both Home Depot and Walmart have been hit with multimillion-dollar fines in recent years for environmentally related violations.

January 14, 2011

In its first-ever expansion outside of the United States, Target Corp. on Thursday said it would acquire up to 220 Zellers discount department stores in Canada from the Hudson’s Bay Co. for $1.8 billion. The deal will allow Target to open 100 to 150 Target stores throughout Canada in 2013 and 2014.