×
By
Reuters
Published
Jan 14, 2011
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

U.S. retailers eye Canada for expansion

By
Reuters
Published
Jan 14, 2011

Target Corp's entry into Canada is not the first by a U.S. retailer.

Here are some details of the Canadian operations of some U.S. and global retailers:


Wal-Mart Supercentre in Mississauga, Ontario

* 1989: Gap sets up shop.

* 1991: Staples opens "The Business Depot" in Canada, where it has 311 stores, according to its website.

* 1994: Wal-Mart enters Canada. It has 323 stores in the country.

* 1994: Home Depot enters market. It has 179 stores and 28,000 employees in Canada.

* 1995: First Banana Republic store opens.

* 2001: Best Buy enters the country with the acquisition of Future Shop in 2001.

* 2001: First Old Navy store opens.

* 2002: First Best Buy Canada stores open.

* 2004: Hennes & Mauritz opens store in Toronto. It has 53 stores in the country.

* 2005: Abercrombie & Fitch opens its "Hollister" and "Abercrombie & Fitch" stores.

* 2007: Lowe's enters Canada. The home improvement chain has 21 stores and 3,540 employees.

* 2011: Target signs C$1.83 billion deal to buy leases of Hudson Bay Co-owned Zellers. It says it will run 100 to 150 stores under its own name in Canada by 2014.

(Compiled by Solarina Ho and S. John Tilak)

© Thomson Reuters 2023 All rights reserved.