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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.
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 ...
Retailer Target has announced soft opening dates for a fleet of new stores in western Canada. The 24 locations, spanning across Manitoba, British Columbia, and Alberta, will not only help expedite ...
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 ...
Zellers went in liquidation and closed in June 2012, making way for Target's entry into the Canadian market. Construction began in December 2012 to convert the Zellers store into a Target store, which opened March 25, 2013. Target Canada announced its closure of all its 133 stores in Canada (including the East York Town Centre location).
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