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Target Canada. Target Canada Co. The mall entrance to the Target store at Shoppers World Brampton in Brampton, Ontario (store #3668), during its grand opening in 2013. Closed in 2015, and later expanded and became a Jysk, Staples, GoodLife Fitness, and a Giant Tiger in 2018. Company type.
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.
On January 13, 2011, Target announced its expansion into Canada, when it purchased the leaseholds for up to 220 stores of the Canadian sale chain Zellers, owned by the Hudson's Bay Company. The deal was announced to have been made for 1.8 billion dollars.
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 ...
2023 Fortune list. This list displays all Canadian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2022. [1]
The Target Canada chain folded in 2015; the leases were subsequently returned to landlords or re-sold to other retailers. Zellers was still owned by HBC as two remaining stores following the sale of its lease portfolio to Target Canada in 2011.