MISSISSAUGA, Ont. – Walmart is buying 13 of the former Target Canada stores plus a distribution centre in Cornwall, Ont.
Walmart Canada says it will spend about $165 million for the leases and properties and a further $185 million on renovations.
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The $350-million plan is subject to court approval, as part of Target’s exit from the Canadian market.
Walmart expects renovations to start in a few months and to employ about 1,500 trade and construction workers.
READ MORE: Canadian Tire to buy 12 former Target locations
It also plans to hire about 2,400 people to set up and staff the stores and another 1,000 for the distribution centre.
READ MORE: Canadian mall landlords race to find new tenants for ex-Target stores
One of the stores is in Winnipeg and the others are in British Columbia, Ontario and Quebec.
Full list of the new Walmart locations are as follows:
- Scottsdale Mall, Delta, BC
- Coquitlam Centre, Coquitlam, BC
- Surrey Place/Central City, Surrey, BC
- Haney Place Mall, Maple Ridge, BC
- Southdale Centre, Winnipeg, MB
- Guelph, Guelph, ON
- Bayshore Shopping Centre, Ottawa, ON
- Billings Bridge Plaza, Ottawa, ON
- Pen Centre, St. Catharines, ON
- Candiac Power Centre, Candiac, QC
- Terrarium Shopping Centre, Pointe Claire, QC
- Galeries Chagnon, Levis, QC
- Place Fleur De Lys, Quebec City, QC
- Distribution Centre, Cornwall, ON
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