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Target Canada Co. was a short-lived Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States.Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011.
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Giant Tiger Stores Limited is a Canadian discount store chain which operates over 260 stores across Canada. [1] The company's stores operate under the Giant Tiger banner in Alberta, Manitoba, New Brunswick, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan; under the GTExpress and Scott's Discount banners in Ontario and under the Tigre Géant banner in Quebec.
Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
During his tenure, Cornell shut down the loss-incurring Target Canada. [1] Cornell occasionally visits Target stores and asks guests about their shopping experiences. [1] As CEO, Cornell has been featured by news outlets such as CNN, which described him as Target's "ace CEO" and crediting him with the business' strong growth in the 2010s. [9]
Following the closure of Target Canada in 2015, in 2017, the former Target store at the mall was replaced by three new stores, a Saks Off 5th outlet store, Cineplex Cinemas 11 and VIP movie theatre and a Farm Boy food market. In 2018 new stores were added, such as Winners/HomeSense and an Hakim Optical store.
Source: target.ca Target's biggest growth opportunity exists in Canada. Despite the company not performing well there so far, improvements are possible. That said, Target is making a big bet that ...
Target's longtime goal of rolling out 100 to 150 stores in Canada in 2013 and 2014 is starting to take shape. The discount retailer opened its doors in the country earlier this month, with three ...