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TARGET-CANADA/PROPERTY
RTR4LLTV
January 15, 2015
The logo of Target, a discount retail store, is pictured in Richmond, British Columbia January 15, 2015....
Richmond, Canada
Logo of Target, a discount retail store, is pictured in Richmond.
The logo of Target, a discount retail store, is pictured in Richmond, British Columbia January 15, 2015. Target Corp's abrupt decision to withdraw from Canada is troubling news for many mall owners, as the most obvious potential buyer of property assets - Wal-Mart - is expected to cherry-pick from Target's 133 locations. Minneapolis-based Target, the second-biggest U.S. discounter, obtained creditor protection for the Canadian unit and said on Thursday it will seek to sell real estate assets, including leases for some 14.7 million square feet of retail space. REUTERS/Ben Nelms (CANADA - Tags: BUSINESS REAL ESTATE LOGO)
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