Target renos worth millions in building permits

Target Corp. won’t open its Red Deer store until spring, but the retail giant is already having an impact on the local economy.

The City of Red Deer issued a building permit last month for $7.1 million worth of renovations to the former Zellers premises in Bower Place Shopping Centre. PCL Construction has been preparing the site for Target since mid-November, when Zellers ceased operations there.

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Walmart takes Round 1 as Zellers era ends, Edmonton retail rumble begins

EDMONTON  – The opening of Edmonton’s newest Walmart (NYSE:WMT) on Friday simultaneously marked the end of the Zellers era and the first salvo in a retail war with rival Target.

“Let the games begin,” said Paul McElhone, executive director of the University of Alberta School of Retailing.

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