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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.
Target also announced a $14 million commitment to local youth soccer through two new national initiatives—an $8 million local soccer grant program, and a $6 million partnership with the U.S. Soccer Foundation to build 100 new soccer play spaces by 2020. [212] Target is the official sponsor of 2017 [213] and 2018 [214] MLS All Star Games.
In January 2015, Target Canada announced that it would close all their stores, including their location at Square One. Target's location at Square One closed in April 2015. The South Expansion was completed on March 1, 2016 adding numerous retailers and a Holt Renfrew anchor store, along with removing the Dollarama and Home Outfitters stores. [11]
As an apology to the public, all Target stores in the United States gave retail shoppers a 10% storewide discount for the weekend of December 21–22, 2013. Target has offered free credit monitoring via Experian to affected customers. [71] [72] Target reported total transactions for the same time last year were down 3-4%, as of December 23 ...
Target Canada, its defunct Canadian subsidiary TARGET (NGO), a human rights organization founded by Rüdiger Nehberg Target Video , a San Francisco-based video and film studio
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.
The Saint-Georges store was among them and was officially confirmed as a future Target store. [1] Zellers closed on March 14, 2013 and Target opened on September 17, 2013 after extensive renovations to the space. Target occupied the space until March 22, 2015 when the store closed its doors following the bankruptcy of Target Canada. [2]
In turn, Target announced its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, that all of them would be liquidated and closed ...