Look at that, two down in one week. Funny how the two most profitable spaces - Kildonan Place and Polo Park are the ones remaining.
Great news for Grant Park and Southdale.
"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.
One of the stores it takes over is in the Southdale mall in Winnipeg.
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.
It also plans to hire about 2,400 people to set up and staff the stores and another 1,000 for the distribution centre.
One of the stores is in Winnipeg and the others are in British Columbia, Ontario and Quebec.
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
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