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Target Canada Co. was the 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 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.
Target Canada – part of US giant Target Corporation (2013–2015) Towers Department Stores /BoniMart – sold to Zellers in 1990 and name retired in 1991, with closure of final stores Wise Stores – similar to Hart Stores
On May 8, 2015, following the bankruptcy of Target Canada, Walmart Canada announced its intent to acquire 13 former Target locations, along with its distribution centre in Cornwall, Ontario subject to court approval. These locations included an unopened location at the Bayshore Shopping Centre in Ottawa.
Target Canada; TomBoy (Manitoba, Sask. and Alberta) Ultra Food & Drug; Valdi; White's Supermarkets (Winnipeg) Woodward's Food Floors; See also. Supermarkets portal; Companies portal; List of Canadian stores; List of supermarket chains in North America; List of supermarket chains in South America; References