Target zeroes in on Kailua location for 3rd Hawaii store

Oct 17, 2009 (The Honolulu Advertiser - McClatchy-Tribune Information Services via COMTEX) -- Target, the nation's No. 2 discount retailer, has Kailua in its sights for a store that would be its third on Oahu and fifth in the state. The company has an agreement with Don Quijote (USA) Co. to acquire its Kailua store and adjacent buildings on a seven-acre parcel Don Quijote leases from an affiliate of Kaneohe Ranch. It's not certain that a deal will come to fruition, in part because Target and Kaneohe Ranch would need to agree on a lease assignment and extension or a land purchase that could be influenced by whether there is enough community support for Target. Given the uncertainty, Target spokeswoman Anna Anderson said it would be premature to discuss specifics, such as a timetable or the size of a potential Kailua store.... [read full story]                    

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