Orillia’s Zellers store is about to under go a massive renovation and a name change.
It is one of 105 stores that will become Target stores over the next year or so.
The Minneapolis-based Target Corporation announced today the locations of the first 105 stores it will open in Canada when it formally takes over from Zellers early in 2013 and the Zellers store in the Orillia Square Mall is one of those stores.
The locations include 45 in Ontario, 19 in Quebec ,15 in British Columbia, 13 in Alberta, five in Manitoba, two each in Saskatchewan, Nova Scotia and Newfoundland and Labrador and one each in New Brunswick and PEI.
Target said it will pay Zellers owner Richard Baker half the $1.82-billion purchase price for leasehold rights in the next few days. The company announced in January it would as many as 220 leaseholds from Zellers.
