Another Target location in Winnipeg has been snapped up. This time it is the Southdale location and the buyer is Walmart.
There was a lot of speculation about who would buy the location and probably even a few who thought it would sit empty or might have to be sub-divided. In the end though Walmart bought the location with a mind to tying up even more market share in Winnipeg.
Canadian Tire takes over Grant Park location and Walmart takes over Southdale. The only thing left in Winnipeg is Kildonan Place and Polo Park and no doubt there are still players left looking at those locations.
It would seem some retailers are ensuring no other competitor enters the market on wide-scale and they are filling gaps in their store geographies. Expect more announcements soon.
This has been a guest editorial by John Dobbin.
To read more from John, visit his blog Observations, Reservations, Conversations
