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Target finalizes its real estate in Canada; signs deal with Sobeys
Minneapolis -- Target Corp. said Friday that it has finalized its real estate transaction with Canadian retailer Zellers with the selection of 84 additional Zellers leases. Target Canada will open between 125 and 135 stores, most by 2013. The discounter also entered into a deal with Sobey’s, Canada’s second largest supermarket chain, to supply its stores with food.
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Kroger recognized for spending with Hispanic suppliers
CINCINNATI — Kroger announced that it has become a member of the United States Hispanic Chamber of Commerce Million Dollar Club.
According to Kroger, membership into the USHCC Million Dollar Club, is awarded to corporations who have spent between $25 million to over $500 million with Hispanic suppliers, in the previous year.
This is Kroger's second consecutive year of qualifying for membership. The company was inducted in the $250 to $500 million annual expenditure category.