http://www.ctv.ca/generic/generated/...le1866399.html
I heard this on the radio this am but I wanted to check it out so I found this link. Interesting-I would LOVE to see Target here in Canada...
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http://www.ctv.ca/generic/generated/...le1866399.html
I heard this on the radio this am but I wanted to check it out so I found this link. Interesting-I would LOVE to see Target here in Canada...
Not sure if this is good or bad......
I've heard Target was taking over too.. a friend of the family is a manager at a Zellers here in wpg and he told us the whole rebranding of the stores that they did 2 or 3 months ago was to help entice Target to come take over.
hmmm interesting...I remember when I heard Walmart was coming to Canada. I thought OH GAWD NO!!! but now I love Walmart (well most of the time at least).
I'd be open to a Target store...more competition means lower prices for the consumers!
interesting, but isn't the 1st time this happened.
For sure Kool-I have heard rumblings befre, specifically when HBC was bought a while back. As I read the CTV article I thought how much of this is fact and how much is speculation...still would love to see Target here, I am not a huge Zellers fan
I am not a Zellers fan so I would love to see a target here!
Our Zellers is terrible here. I used to work in Zellers Red Deer and the selection and store was incredible. It seems like our store here orders stock for Christmas and then just spends all year trying to sell it off.... by May they have no summer shoes left.. but winter boots are hanging out in the shelves in August with dust on them.
Our make up dept looks like a coloring box exploded. No one EVER cleans that dept.
Ya i remember when walmart came too because i use to model for Walco when i was a kid which was bought by walmart or something.
and im not a big fan of zellers either, well couponing there. But everyone in the US seem to love target. I'm just curious on there couponing policies.
I would love to have Target stores in Canada. I'm not a fan of Zellers either.
i like zellers, i find it so much easier to use coupons, and to price match. i always have such trouble doing it at walmart. even with scop i never have a problem at zellers. walmart always makes you feel like you're stealing when you price match/scop or use coupons
Wow that would be cool! It will definately be competition for WM! I wonder though... when one of our WM's pulled out of one of our biggest malls here to turn into a Super Walmart, they announced Zellers was going to be moving in to the old WM location in the mall. This was last summer already and nothing is open yet. You would think there shouldn't be too much to do when converting from one big box store to another?? Or maybe its on stand still because of this???
I would love to have Target over here. I have some relatives in the states and they love Target. I like Zellers but I wouldn't be sad to see it go.
That rumour has been going around for atleast 10 years.
There is quite a few things in clothing & shoes that are identicle in Target & zellers.
I like that Zellers price matches & takes spc card.
I cant imagine Target would do either. They don't price match in their US stores.
I just heard about this today and I'm thinking maybe I should cash in my HBC points. I guess they won't be totally useless though if they can still be used at the Bay. I've had mostly good experiences with Zellers. Their rewards program isn't amazing but there are a lot of bonus point offers. The SPC card makes a lot of their prices comparable with Walmart. I haven't combined price matching with coupons and the SPC card. But Zellers often has some pretty good sales to combine with coupons and SPC. I'm kind of a rewards program addict so I don't think I'll like Target as much.
Heh if they keep the same management and workers it will be just as crappy. Yes theres some great employees work there now but sadly most just dont give two craps, Zellers is a messy, disorganized store. ;)
Target in general isn't my favourite US store but they are always clean and organized. So thats a huge difference here.
I love Target. It's always my number one place to go in the US for cute baby clothes! My only hope is that if it does come to Canada, it stays like the US stores with a lot of the baby lines.
Can't stand Zellers, in fact I avoid going in that store completely. It's nothing but a huge nasty mess in my area and they never have what is advertised.
Our Zellers here is a disaster!! I love Target and hope it comes to Canada!
Hear that, Target? :-)
I feel really young hearing about everyone remembering when walmart came to canada. I don't remember :) It was just not there, and then it was! The walmart here used to be where zellers is now.
I can see this happening, to be honest. Zellers locations have really gone down the drain as an outstanding canadian chain, I was watching vintage commercials for it on youtube and noticed that a lot of the comments are saying "If I wanted no frills, I'd go to a no frills store! zellers sucks" etc.
The upkeep of the stores are far less than satisfactory most of the time, and I don't really see them lasting that much longer. If target is very anal about couponing, then I simply will not shop there, just like I avoid shopping at zellers now. I've never been to a target, but I can't imagine they'd ever be as bad as a zellers, so bring it on!
Well there you go! I just saw on the news that they are in fact taking over Zellers in a $1.8B deal. They'll keep the stores operating until the Zellers banner but plan to open in 2013.
Glad to hear because the closest Zellers to me is an absolute dump. It's like going into a garage sale.
On the CP24 news this morning....
The U.S. cheap-chic discounter Target Corp. is snapping up most of Zellers stores in Canada from its Hudson’s Bay parent in a $1.8-billion deal announced on Thursday morning that promises to transform the domestic retail landscape.
Target will open 100 to 150 stores in 2013 and 2014 and unload many of the rest of the outlets to other chains, including Wal-Mart.
The complex deal, which involved negotiations with multiple retailers and landlords, will eventually see the Zellers name disappear from the Canadian retail field, sources said.
Ive heard rumors on this for a few years, but I guess its a done deal now.
I will be spending all my HBC points now.
Amazing news!!!!
It was just announced today...
http://www.vancouversun.com/Target+Z...623/story.html
Looks like the bullseye is moving north....
cut & pasted from CBC.ca *** :)
Target buying Zellers for $1.8B
A Target store in Wisconsin. The U.S. chain is buying Zellers for $1.8 billion. (Allen Fredrickson/Reuters) U.S. retailer Target said Thursday it is buying Canadian discount retail chain Zellers from Hudson's Bay Co. for $1.8 billion.
Under terms of the deal, Zellers locations will continue to exist under that brand name for "a period of time," HBC said in a release. But Target will open 100 to 150 Canadian locations in 2013 and 2014 and assign the rest of Zellers' current network of 220 stores to other retailers.
"This transaction provides attractive long-term value and will allow us to invest substantial capital into our department store and specialty store businesses to continue to drive growth," HBC governor Richard Baker said in a release.
The sale of these leasehold interests is estimated to create over 20,000 net new jobs in Canada and has the potential to generate over $1.5 billion in Canadian economic activity through the renovation of Zellers locations, the release said.
Oops i guess i didnt realize there was a post already!
But im excited about this i love target
i am excited just thinking about the clearance/ liquidation sales at zellers... those will be some good deals
Its gonna be a mad dash to get those club Z points cashed out! :P
merged all similar threads on this topic
Target has announced it has bought Zellers for $1.825 billion (CDN) from Hudson's Bay Company and will bring its stores to Canada in 2013.