Target Confirms Location of 24 Stores in Ontario

Each store to employ between 150 - 200 team members

MINNEAPOLIS, MN, Jan. 5, 2012 /CNW/ - Today Target Corporation is pleased to announce the location of its first 24 stores in Canada. As previously announced, Target purchased the leasehold interests of 189 sites currently operated by Zellers Inc., and plans to open 125 to 135 stores in Canada, the majority of which will open in 2013.

Target plans to open stores in the following locations in March/early April 2013:

• London Westmount, Westmount Shopping Centre
• Kawartha Lakes, Lindsay Square Mall
• Newmarket, Upper Canada Mall
• Milton, Milton Mall Shopping Centre
• Cambridge, Cambridge Centre
• Toronto, Centrepoint Mall
• Mississauga, Square One Shopping Centre
• Ajax, Durham Centre
• Orillia, Orillia Square Mall
• Brampton, Shoppers World Brampton
• London, Masonville Place
• Windsor, Devonshire Mall
• Toronto, Cloverdale Mall
• Toronto, Shoppers World Danforth
• Burlington, Burlington Mall
• Toronto, East York Town Centre
• Aurora, Aurora Shopping Centre
• Fergus, Gates of Fergus
• Hamilton, Centre Mall
• Guelph, Stone Road Mall
• Burlington, Millcroft Centre
• Waterdown, Flamborough Power Centre
• Whitby, Taunton Road Power Centre
• Brampton, Trinity Common

"We are excited to announce the location of these first 24 Target stores in Ontario," said Tony Fisher, president, Target Canada.  "In addition to providing Canadian guests with an exceptional shopping experience, Target looks forward to continuing our strong reputation of being a good neighbour in the Canadian communities in which we will do business."

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. Each Target store in Canada will employ approximately 150 to 200 team members. Store team hiring will begin in 2012 and Target will engage with Zellers associates to make it easy for them to apply for jobs. 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.

Target intends to announce additional store locations in the coming months.

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.

Amy Reilly, Target, [phone]
Target Media Hotline, [phone]