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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.
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.
Simpson's — department store chain; Sam's Club Canada — Canadian division of US-based department store chain; Steinberg's — grocery store chain; Supercentre — grocery store chain; Tamblyn Drugs — pharmacy chain; Target Canada — department store; The Disney Store Canada — Toy store; This Ain't the Rosedale Library; Tops 'N' Toys ...
Target opened its first Canadian stores in March 2013, and at its peak, Target Canada had 133 stores. However, the expansion into Canada was beset with problems, including supply chain issues that resulted in stores with aisles of empty shelves and higher-than-expected retail prices.
Target Canada was the chain of Target stores in Canada. It was formed in 2013 when Target acquired Zellers leases and converted them into Target stores. Target Canada was in operation for two years until the closure of all stores in 2015. [ 46 ]
Target acquired the lease of Zellers at Galeries d'Anjou, allowing it to open its own store on October 18, 2013. [36] After Target closed all its stores in Canada in April 2015, its space at Galeries d'Anjou was left vacant for two years. Winners, Saks Off 5th and Old Navy opened in 2017 in the former Target location. [37]
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