Target Corp. has signed an agreement to transfer the leasing rights for up to 39 Zellers stores in Canada to rival Walmart.
Specific locations will be revealed in autumn.
Zellers is Canada's second-largest chain of mass merchandise discount stores. Target entered into an agreement earlier this year to purchase the lease agreements of up to 220 Zellers stores for C$1.83 billion (US$1.85 billion) from Hudson's Bay Co.
No comments:
Post a Comment