10/2/2023 0 Comments Target online shopping sale items![]() It never opened to the public, with its signage logo still intact, and was subsequently sold to Walmart in 2015. The Target store built at the Bayshore Shopping Centre in Ottawa, Ontario. Target store at Scottsdale Centre in Delta, BC (store #3557). This store was replaced with Marshalls and HomeSense in Fall 2018. A Target Store in Hillcrest Mall in Richmond Hill, Ontario (store #3666). History The Target store at Alexis Nihon Complex in Montreal, Quebec (store #3704). Target Canada commenced Court-supervised restructuring proceedings in January 2015, and finally shut down all of their stores by April 12, 2015, amid the retail apocalypse. ![]() The retail chain racked up losses of $2.1 billion in its lifespan, and was widely viewed as a failure, termed a "spectacular failure" by Amanda Lang of CBC News, "an unmitigated disaster" by Maclean's magazine and "a gold standard case study in what retailers should not do when they enter a new market" by the Financial Post. Target Canada was ultimately unsuccessful, with an overly-aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States and its Canadian rivals, particularly Walmart. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire. Target Canada opened its first store in March 2013, and was operating 133 locations by January 2015. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Archived official website at the Wayback Machine (archive index)
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