JoeCanuck

General Section => Off Topic => Topic started by: Pete The Greek on January 13, 2011, 09:51:56 AM

Title: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 09:51:56 AM
Looks like Zellers will become Woolco to Wal-Mart in a few years.

Quote
MINNEAPOLIS — Zellers stores across Canada will disappear in a couple of years, as major U.S. retailer Target moves in.

Target (NYSE:TGT) is spending $1.83 billion to buy up the leasehold interests in 220 Zellers stores from the storied Hudson's Bay Company.

Though Target says the Zellers brand won't disappear immediately, the deal is the first step in a plan to open between 100 to 150 Target stores by 2013.

The U.S. retailer, which helped coin the phrase "discount chic," has long been exploring opportunities north of the border.

However it hit several roadblocks that run the gamut from unattractive real estate locations for potential stores to the economic slowdown that reined in consumer spending.

Target says that under the agreement Zellers will continue to lease the locations from Target and run them as Zellers stores "for a period of time."

http://www.ctv.ca/CTVNews/TopStories/20 ... da-110113/ (http://www.ctv.ca/CTVNews/TopStories/20110113/target-canada-110113/)

Edit:  In typical CTV fashion, they have changed the article to include:

Quote
After years of anticipation Canadian consumers can soon set their sights on a new shopping destination, as U.S. discount retailer Target has announced plans to set up its stores north of the border.

Target Corporation said Thursday that it is paying the Hudson's Bay Company $1.825 billion to acquire the leasehold interests in 220 Zellers locations across Canada.

Target says the deal doesn't mean an immediate end to the Zellers brand, but is rather the first step in opening between 100 and 150 of its own stores here by 2014.

Although the money is expected to change hands in May and September of this year, "Zellers Inc. will sublease these sites from Target and continue to operate them under the Zellers banner for a period of time," the company said in a statement announcing the deal Thursday.

According to Target's chairman and CEO, his company's first move outside the U.S. will be a boon for Canadian consumers interested in a "superior shopping experience."

"We are very excited to bring our broad assortment of unique, high-quality merchandise at exceptional values and our convenient shopping environment to Canadian guests coast-to-coast," Gregg Steinhafel said in a press release promising "a more robust Target presence in Canada over time."

Commenting on the deal in a statement Thursday, Hudson's Bay Company Governor Richard Baker said, "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."

Target expects to spend approximately $1 billion to remodel and reopen the existing Zellers stores under its own brand. The company also says it will have hired up to 20,000 people once its stores are operational.

The Minneapolis-based company's more than 1,700 stores across the U.S. have long been a favourite of shoppers on the hunt for what the retailer has dubbed "discount-chic".

While speculation has been rife the company was considering a move north of the border for some time, Target only confirmed its international expansion plans in June of last year.

It had been stymied, however, by the hunt for suitable locations, and most recently, the economic slowdown.

Baker, whose U.S.-based real estate development company NRDC Equity Partners LLC enjoys strong ties with many of the biggest retailers south of the border, paid $1.1 billion to acquire the Hudson's Bay Company in 2008.
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on January 13, 2011, 10:23:10 AM
FINALLY!!!! Now we need to get a ROSS store!
Title: Re: Target buying Zellers leasehold interests
Post by: Stealth Viper on January 13, 2011, 10:38:29 AM
This has seriously bummed me out. Zellers is the best place to shop.
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 10:44:18 AM
I rather have Macy's open up in Canada.  With the economic problems in the States the last few years, I managed to buy two great suits and two dress coats from Macy's at far cheaper prices than Canadian retailers.  I must have saved at least $1,000.
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 10:46:11 AM
Quote from: "Stealth Viper"
This has seriously bummed me out. Zellers is the best place to shop.

Agreed.  But some of the older ones need a renovation enema. 
Title: Re: Target buying Zellers leasehold interests
Post by: BHMike on January 13, 2011, 11:11:53 AM
Quote from: "bandonov"
FINALLY!!!! Now we need to get a ROSS store!

I assume you're excited because of exclusives? Let me remind you, Walmart and TRU are also in the U.S. and Canada - and 9/10 times we do not get the exclusives up here from those stores either.

As for Zellers going bye-bye.... I'm ticked as, like Stealth, I think it's an awesome place to shop.

I will miss it just as much as these places:

(http://http://1.bp.blogspot.com/_0bRrhyfW294/TDJex-tJGtI/AAAAAAAAFZ8/27uoNEWaGXg/s1600/eatons+70s+logo.jpg)

(http://http://www.towersdepartmentstores.info/images/towes_sign.jpg)

(http://http://profile.ak.fbcdn.net/hprofile-ak-snc4/hs322.snc4/41571_23708371168_4718481_n.jpg)

And others such as Robinson's, Toy City, and Bargain Harold's.
Title: Re: Target buying Zellers leasehold interests
Post by: 5h4rK on January 13, 2011, 11:16:40 AM
Thx for the news Pete.. don't know if it's good or not for us but only time will tell..
I want my good ol' (http://http://sites.google.com/site/zayre88/_/rsrc/1253979231693/canada/logo-bonimart.gif)   ;D
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on January 13, 2011, 11:19:20 AM
I miss Towers, but I live in a area that has no Zellers around me.  I have 4 Walmarts, no Zellers.  
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on January 13, 2011, 11:21:31 AM
The other one missing in the list was Simpsons!

EDIT: HBCZellers is owed by a US company, so they could have changed the name at any time. 
Title: Re: Target buying Zellers leasehold interests
Post by: morgardee on January 13, 2011, 11:28:05 AM
I swear I must have 4 or 5 Zellers in K-W alone, never mind Guelph or Cambridge.

I guess it's time to cash out all those Club Z points. I know I can use them at The Bay but that place is way to expensive and filled with old ladies.
Title: Re: Target buying Zellers leasehold interests
Post by: 5h4rK on January 13, 2011, 11:36:42 AM
Quote from: "morgardee"
...and filled with old ladies.

Mmmmmmm.. [sub:3mc7lt25]and they smell good too, eh?[/sub:3mc7lt25]
You know you love 'em, stop complaining..  ;D
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 11:40:45 AM
Quote from: "bandonov"
The other one missing in the list was Simpsons!

EDIT: HBCZellers is owed by a US company, so they could have changed the name at any time. 

Your right.  It was bought by Lord & Taylor in 2008.  There was talk of changing The Bay to this name but come on.  To change a brand name that has been established in Canada for over 300 years to this retarded name would have been a joke.  
Title: Re: Target buying Zellers leasehold interests
Post by: canprime on January 13, 2011, 11:49:37 AM
Glad to hear it, but it sounds like it will be 2 years before anything opens.

As for Zellers, I think their time was up a while ago.  I never shop their anymore
except for toys, and even then it is hit or miss with what I call TRU syndrome fro
 A few years ago.  That is holding on to product for 3-4 years just to have stuff on the shelf.
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 11:54:04 AM
Quote from: "bandonov"
I miss Towers, but I live in a area that has no Zellers around me.  I have 4 Walmarts, no Zellers.  

This is of the reasons why I miss living in Oshawa.  There are four Zellers within 15 driving minutes and another one in Whitby.  The closest one takes 15 minutes to get to from were we live (I think Warden and Finch is the closest one followed by the one at Hillcrest Mall in Richmond Hill).  

At least with Target moving to Canada, there has to be an area in Markham for them to set up shop.
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 11:55:59 AM
Quote from: "canprime"
and even then it is hit or miss with what I call TRU syndrome fro A few years ago.  That is holding on to product for 3-4 years just to have stuff on the shelf.

At least you get a chance to find some older stuff you may have passed up on.  I am currently in that boat by passing up some McFarlane old timer Maple Leaf figures.  At least I have chance to go back and buy them.  With Wal-Mart, forget about it, with their wham, bam, thank you ma'am, your lucky if we re-stock it ever again attitude.  
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on January 13, 2011, 11:56:14 AM
I hope so...
Title: Re: Target buying Zellers leasehold interests
Post by: pdaat on January 13, 2011, 12:08:21 PM
Zellers was just crushed under WM and mismanagement.  Just another store that I have some fond memories of.
Title: Re: Target buying Zellers leasehold interests
Post by: SnowHawk on January 13, 2011, 12:23:52 PM
Hopefully we will be able to get the Target Exclusives at normal prices (not double $$)
Title: Re: Target buying Zellers leasehold interests
Post by: BHMike on January 13, 2011, 01:03:19 PM
Don't hold your breath for a deal or realistic price on the Target exclusives.... Black SNAKE anyone?

That wave was high to begin with, and hasn't gone on clearance. It's been over a year... or longer...
Title: Re: Target buying Zellers leasehold interests
Post by: 5h4rK on January 13, 2011, 01:10:00 PM
Quote from: "THE Mike™"
Don't hold your breath for a deal or realistic price on the Target exclusives.... Black SNAKE anyone?

That wave was high to begin with, and hasn't gone on clearance. It's been over a year... or longer...

I really don't know what they're waiting for.. man, I saw a hundred of those in a single Zellers recently! 20 pegs of that stuff.. and a lot of black snakes were available!
Title: Re: Target buying Zellers leasehold interests
Post by: Stealth Viper on January 13, 2011, 01:59:31 PM
Quote from: "THE Mike™"
Don't hold your breath for a deal or realistic price on the Target exclusives.... Black SNAKE anyone?

That wave was high to begin with, and hasn't gone on clearance. It's been over a year... or longer...


Agreed. We don't get the Walmart Exclusives (when we get them) as cheap as they do in the US, so I seriously doubt Target would be any better.
Title: Re: Target buying Zellers leasehold interests
Post by: ARROW on January 13, 2011, 02:55:17 PM
If Target properly manages the stores they take over, I think it will ultimately be a good thing over the long term.

Zellers stores often look like a hurricane hit them, the toy departments are typically the worst of all. I have found Target stores to be well laid out, and almost always very clean and presentable.
In most of my visits to the Target chain, I have purchased something ( almost always toys) so their selection and stocks on hand have been just great for me.

But those are stateside, and the Canadian versions of these stores can well be a different animal.
In the short term ( first 5 years), I suspect this could benefit Cdn consumers because you can just bet Walmart will react to their presence here. I would expect competitive ....nay, aggressive pricing on a lot of goods.......toys being one category of them.

Here's the thing though.......if Target runs and stocks these stores just like Zellers did, with the same goods.......and not the way Target handles brands stateside--then these stores will be kaput by 2020, at the latest. If all they offer is more of the same, then Walmart will beat these guys clean.
If they give the , ahem..........for lack of a better phrase, "Target experience" to us up here, then they might just stand apart enough from places like Walmart to build their own brand and succeed. ( I have always found Target Stores to be very different to shop in, they are distinctly different from other chains, I find.)

As far as us toy collectors go......honestly, I don't see Target offering much beyond the major brands anyway--stuff that we can get in just about any store. Exclusives.........I think are a pipe dream, unless Target decides to handle products in both Canada and the USA under the same veil.
Obviously chains like TRU and Walmart still treat their stores in separate countries as if they are practically completely separate chains only sharing the same name. Its still hit-and-miss as to what we get.
Title: Re: Target buying Zellers leasehold interests
Post by: dodge822 on January 13, 2011, 06:33:46 PM
Quote from: "ARROW"
If Target properly manages the stores they take over, I think it will ultimately be a good thing over the long term.

Zellers stores often look like a hurricane hit them, the toy departments are typically the worst of all. I have found Target stores to be well laid out, and almost always very clean and presentable.
In most of my visits to the Target chain, I have purchased something ( almost always toys) so their selection and stocks on hand have been just great for me.

But those are stateside, and the Canadian versions of these stores can well be a different animal.
In the short term ( first 5 years), I suspect this could benefit Cdn consumers because you can just bet Walmart will react to their presence here. I would expect competitive ....nay, aggressive pricing on a lot of goods.......toys being one category of them.

Here's the thing though.......if Target runs and stocks these stores just like Zellers did, with the same goods.......and not the way Target handles brands stateside--then these stores will be kaput by 2020, at the latest. If all they offer is more of the same, then Walmart will beat these guys clean.
If they give the , ahem..........for lack of a better phrase, "Target experience" to us up here, then they might just stand apart enough from places like Walmart to build their own brand and succeed. ( I have always found Target Stores to be very different to shop in, they are distinctly different from other chains, I find.)

As far as us toy collectors go......honestly, I don't see Target offering much beyond the major brands anyway--stuff that we can get in just about any store. Exclusives.........I think are a pipe dream, unless Target decides to handle products in both Canada and the USA under the same veil.
Obviously chains like TRU and Walmart still treat their stores in separate countries as if they are practically completely separate chains only sharing the same name. Its still hit-and-miss as to what we get.

well said, it will be intresting to see if they handle it in the same maner as the states.
Title: Re: Target buying Zellers leasehold interests
Post by: canprime on January 13, 2011, 07:04:59 PM
You never know.  As part of the aggressive competition that will definitely occur in the first few years, items such as exclusives will probably play a part, moreso than currently, as each store looks for any perceived advantage.
Title: Re: Target buying Zellers leasehold interests
Post by: Deadshot on January 13, 2011, 10:02:32 PM
Quote from: "ARROW"
If Target properly manages the stores they take over, I think it will ultimately be a good thing over the long term.

Zellers stores often look like a hurricane hit them, the toy departments are typically the worst of all. I have found Target stores to be well laid out, and almost always very clean and presentable.
In most of my visits to the Target chain, I have purchased something ( almost always toys) so their selection and stocks on hand have been just great for me.

But those are stateside, and the Canadian versions of these stores can well be a different animal.
In the short term ( first 5 years), I suspect this could benefit Cdn consumers because you can just bet Walmart will react to their presence here. I would expect competitive ....nay, aggressive pricing on a lot of goods.......toys being one category of them.

Here's the thing though.......if Target runs and stocks these stores just like Zellers did, with the same goods.......and not the way Target handles brands stateside--then these stores will be kaput by 2020, at the latest. If all they offer is more of the same, then Walmart will beat these guys clean.
If they give the , ahem..........for lack of a better phrase, "Target experience" to us up here, then they might just stand apart enough from places like Walmart to build their own brand and succeed. ( I have always found Target Stores to be very different to shop in, they are distinctly different from other chains, I find.)

As far as us toy collectors go......honestly, I don't see Target offering much beyond the major brands anyway--stuff that we can get in just about any store. Exclusives.........I think are a pipe dream, unless Target decides to handle products in both Canada and the USA under the same veil.
Obviously chains like TRU and Walmart still treat their stores in separate countries as if they are practically completely separate chains only sharing the same name. Its still hit-and-miss as to what we get.


Very well said.   I know the Zellers in Stratford has been hurting for quite some time, so time will tell if this is a good thing or bad with Target's buy out.    Though I still miss Consumers......
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 13, 2011, 10:18:16 PM
I don't miss Consumers store.  I hated filling out that form and finding out the item wasn't in stock when you were at the counter.  And you couldn't cherry pick an item if you wanted to.  The only thing I like was the catalog they sent out every year. 
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 16, 2011, 05:57:22 PM
Very interesting......  The Zellers name may stick around. 

Quote
U.S. discount retailer Target might have to use a different name in Canada if it loses a fight over naming rights.

The Canadian owner of Fairweather and International Clothiers stores has owned the name Target Apparel for 10 years. In July, the U.S. retailer filed a challenge with Canada's trademark office, claiming the Fairweather owner hasn't used the Target name.

The Canadian company has since opened stores called Target Apparel in Sudbury, Ont. and Nanaimo, B.C.

The company that owns Fairweather has until the end of February to prove it has been using the name.

The U.S. retailer says it plans to open about 200 stores in Canada over the next 10 years.

http://www.cbc.ca/money/story/2011/01/1 ... spute.html (http://www.cbc.ca/money/story/2011/01/14/mb-target-stores-name-dispute.html)
Title: Re: Target buying Zellers leasehold interests
Post by: ARROW on January 16, 2011, 08:03:29 PM
Quote from: "Pete The Greek"
I don't miss Consumers store.  I hated filling out that form and finding out the item wasn't in stock when you were at the counter.  And you couldn't cherry pick an item if you wanted to.  The only thing I like was the catalog they sent out every year. 

Yep, Consumers stank as a retail outlet for that reason. I discovered them late in the game, about 5 years before they closed down-and I tried about a 1/2 dozen times to order something from them.
Never once, not once did they have the items I was looking for in stock, either in-store, or from their mail-order warehouse ( and yes, those items were always toys) so I gave up on them fairly quickly.
There catalogues were great though--very enticing.
Title: Re: Target buying Zellers leasehold interests
Post by: canprime on January 16, 2011, 09:14:33 PM
Could go either way, but it seems Fairweather just opened stores after the filing to claim use.  Unfortunately that probably won't work in their favor.

In the end I figure target will work something out with Fairweather, but who knows for sure.
Title: Re: Target buying Zellers leasehold interests
Post by: darth cujo on January 16, 2011, 10:20:16 PM
I don't know what target taking over will do for exclusives in the future, but after the black snake and rhino fiasco (not to mention wedge's x-wing and the big wing TIE), they have been fantastic with Star Wars stuff. They brought in both Hoth battle packs, both the vintage TIE and Snowspeeder, and some other exclusives, all at about the same price as the US. Even cheaper when they went on sale.

Also, lately TRU has been getting the majority of the SW exclusives, again at about the same price or cheaper than the US when factoring in sales. There are very few recent SW exclusives that haven't made it here. At least original trilogy stuff, I can't say about prequel or clone wars stuff since I don't touch the stuff. So it seemed zellers learned their lesson from the year before.

What will target do? Who knows. It's no guarantee we'll get the exclusives, but recent history has shown a much better track record for exclusives in general than before. Perhaps hasbro canada has helped in this regard, I dunno.


As for consumers distributing, I loved it when the catalogue came out. I used to get everything I wanted from them no problem when I went right after the catalogie came out. If you waited too long though, it was hit and miss. But I had great luck with them! :)  I got tons of joes there and at the jane and finch towers. :)
Title: Re: Target buying Zellers leasehold interests
Post by: formbx257 on January 18, 2011, 05:18:28 AM
I'm not sorry to see Zellers go, since one took over the K-Mart I bought my first G.I. Joe from.  However, despite being expensive, the toy selection there is still better than my nearest TRU (which has begun to improve only recently) and Wal-Mart (their quality has actually gone down).
Hopefully, the takeover will generate some competition with Wal-Mart that will benefit customers of both stores. 
Consumers Distributing (RIP) was always good to me, maybe the poor stock was a regional thing?
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on January 18, 2011, 03:17:32 PM
Quote from: "canprime"
Could go either way, but it seems Fairweather just opened stores after the filing to claim use.  Unfortunately that probably won't work in their favor.

In the end I figure target will work something out with Fairweather, but who knows for sure.

Looks like it's going to get ugly...

Quote
Toronto-based retail chain Fairweather Ltd. has filed a $250-million lawsuit against Target Corporation in federal court, days after the U.S. discount giant announced plans to expand north of the border.

According to documents filed Monday, Fairweather is also requesting an injunction to keep the American firm from using the name Target in Canada, claiming that its expansion north would cause Fairweather to lose customers, devalue the "Target Apparel" name and lose control of its reputation and trademark.

It's also seeking to have the U.S. retailer surrender ownership of targetapparel.com, which sends users to Target's American website.

Fairweather has owned the Canadian rights to that name for a decade in Canada, court documents state, and has operated a clothing store with the name "Target Apparel" in Toronto since 2005. It also recently opened retail stores under the name "Target Apparel" in Sudbury, Ont. and Nanaimo, B.C.

The American Target chain announced Thursday that it is paying the Hudson's Bay Company $1.83 billion to acquire up to 220 Zellers stores from the 279 that are currently open across Canada.

Speculation has been rife the company was considering a move north of the border for some time, but the U.S. company only confirmed its international expansion plans in June of last year.

It had been stymied by the hunt for suitable locations, and most recently, the economic slowdown. Now it will have to contend with a multimillion-dollar copyright dispute.

Target filed a challenge with Canada's trademark office in July in which it claimed that Fairweather's owner, International Clothiers, hasn't been using the Target name.

The Canadian retailer has until the end of February to prove that it has used the name over the past three years, or that it intends to use it, to retain ownership.

Fairweather has not commented on the legal action.

Target spokesperson Jessica Carlson said she could not comment on the pending legal proceedings, but said her company plans to use the same name and logo.

"There really is nothing that prevents Target from using the Target name and branding elements in Canada the same way we do in the United States," she told The Canadian Press.

In 2005, Fairweather lost ownership of the Target trademark temporarily. The American retailer sought to have it cancelled, which Industry Canada did. But it was restored later, following a ruling by The Federal Court of Appeal.

Target said last week that its Canadian expansion deal won't mean an immediate end to the Zellers brand, but is rather the first step in opening between 100 and 150 of its own stores here by 2014.

The Minneapolis-based company expects to spend approximately $1 billion to remodel and reopen the existing Zellers stores under its own brand. The company also says it will have hired up to 20,000 people once its stores are operational.

Target's more than 1,700 stores across the U.S. have long been a favourite of shoppers on the hunt for what the retailer has dubbed "discount-chic." But it remains to be seen how Target will stack up in Canada.

http://www.ctv.ca/CTVNews/TopStories/20 ... er-110118/ (http://www.ctv.ca/CTVNews/TopStories/20110118/target-facing-multi-million-dollar-lawsuit-from-fairweather-110118/)
Title: Re: Target buying Zellers leasehold interests
Post by: Stealth Viper on January 18, 2011, 03:37:52 PM
Sounds to me like fairweather opened stores since 2005 just for this purpose - to sue the American Giant and get lots of money when it decided to enter Canada. It bought the trademark name soley for this purpose IMHO.
Title: Re: Target buying Zellers leasehold interests
Post by: morgardee on January 18, 2011, 03:44:10 PM
Quote from: "Stealth Viper"
Sounds to me like fairweather opened stores since 2005 just for this purpose - to sue the American Giant and get lots of money when it decided to enter Canada. It bought the trademark name soley for this purpose IMHO.

I agree.
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on January 18, 2011, 05:34:58 PM
Quote from: "Stealth Viper"
Sounds to me like fairweather opened stores since 2005 just for this purpose - to sue the American Giant and get lots of money when it decided to enter Canada. It bought the trademark name soley for this purpose IMHO.

Fairweather is going up Golaith but they are no David.  They do not have the money to fight them and Target can easily keep this in the courts and bleed them dry of money.
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on May 26, 2011, 03:05:16 PM
http://www.ctv.ca/CTVNews/TopStories/20 ... da-110526/ (http://www.ctv.ca/CTVNews/TopStories/20110526/target-conversion-zellers-canada-110526/)

The first 105 stores to be converted.  Where the fuck is the one at the Oshawa Centre?

Canada's first Target stores, by province:

Alberta
Chinook Centre, Calgary
Forest Lawn Shopping Centre, Calgary
Market Mall, Calgary
Shoppes at Shawnessy, Calgary
Signal Hill Centre, Calgary
Sunridge Mall, Calgary
Bonnie Doon, Edmonton
Kingsway Garden Mall, Edmonton
Mill Woods Town Centre, Edmonton
Prairie Mall, Grande Prairie
Bower Place, Red Deer
St. Albert Centre, St. Albert
Sherwood Park Mall, Sherwood Park

British Columbia
Abbotsford Power Centre, Abbotsford
Metropolis at Metrotown, Burnaby
Discovery Harbour Shopping Centre, Campbell River
Cottonwood Mall, Chilliwack
Coquitlam Centre, Coquitlam
Driftwood Mall, Courtenay
Tamarack Mall, Cranbrook
Scottsdale Mall, Delta
Willowbrook Shopping Centre, Langley
Haney Place Mall, Maple Ridge
Nanaimo North Town Centre, Nanaimo
Pine Centre, Prince George
Oakridge Shopping Centre, Vancouver
Village Green Mall, Vernon
Tillicum Mall, Victoria

Manitoba
Shoppers Mall, Brandon
Grant Park, Winnipeg
Kildonan Place Shopping Centre, Winnipeg
Polo Park Shopping Centre, Winnipeg
Southdale Centre, Winnipeg

New Brunswick
McAllister Place, Saint John

Newfoundland and Labrador
Corner Brook, Corner Brook
Cabot Square, St. John's

Nova Scotia
Bedford Place, Bedford
Mic Mac Mall, Dartmouth

Ontario
Durham Centre, Ajax
Aurora Shopping Centre, Aurora
Bramalea City Centre, Brampton
Shoppers World Brampton, Brampton
Trinity Common, Brampton
Burlington Mall, Burlington
Millcroft Centre, Burlington
Cambridge Centre, Cambridge
Woodbine Centre, Etobicoke
Gates of Fergus, Fergus
175 Stone Road W., Guelph
Centre Mall, Hamilton
South Hamilton Square, Hamilton
Hazeldean Mall, Kanata
Cataraqui Town Centre, Kingston
Lindsay Square Mall, Lindsay
Masonville Place, London
Westmount Shopping Centre, London
Milton Mall Shopping Centre, Milton
Erin Mills Town Centre, Mississauga
Square One, Mississauga
Meadowlands Shopping Centre, Nepean
Upper Canada Mall, Newmarket
1899 Algonquin Ave., North Bay
Centerpoint Mall, North York
Orillia Square Mall, Orillia
Place D'Orleans, Orleans
Five Points Mall, Oshawa
Bayshore Shopping Centre, Ottawa
Billings Bridge Plaza, Ottawa
RioCan St. Laurent, Ottawa
Hillcrest Mall, Richmond Hill
Bridlewood Mall, Scarborough
County Fair Mall, Smiths Falls
Niagara Pen Centre, St. Catharines
Stratford Mall, Stratford
Sudbury Supermall, Sudbury
Intercity Shopping Centre, Thunder Bay
Cloverdale Mall, Toronto
Shoppers World Danforth, Toronto
East York Town Centre, Toronto
Flamborough Power Centre, Waterdown
Conestoga Mall, Waterloo
Taunton Gardens Power Centre, Whitby
Devonshire Mall, Windsor

Prince Edward Island
Charlottetown Mall, Charlottetown

Quebec
Galeries d'Anjou, Anjou
Faubourg Boisbriand, Boisbriand
Carrefour Angrignon, Lasalle
Mega Centre Notre-Dame, Laval
Galeries Chagnon , Levis
Place Longueuil, Longueuil
Place Alexis Nihon, Montreal
Place Vertu, Montreal
Terrarium Shopping Centre, Pointe Claire
Les Galeries De La Capitale, Quebec City
Place Fleur De Lys, Quebec City
Place Laurier, Quebec
Le Carrefour Rimouski, Rimouski
Promenades Saint-Bruno, Saint-Bruno-de-Montarville
Carrefour Saint-Georges, Saint-Georges
Carrefour Richelieu, Saint- Jean sur-Richelieu
Carrefour du Nord, Saint Jerome
Carrefour de L'Estrie, Sherbrooke
Les Rivieres Shopping Centre, Trois Rivieres

Saskatchewan
Northgate Mall, Regina
The Centre, Saskatoon
Title: Re: Target buying Zellers leasehold interests
Post by: BHMike on May 26, 2011, 03:23:21 PM
Quote from: "Pete The Greek"
Centre Mall, Hamilton
South Hamilton Square, Hamilton

1. I don't know where South Hamilton Square is?.... And I've lived here all my life.
2. WTF!?! They're swapping the Zellers at Centre Mall into a Target?... They just spent close to year building that Zellers!? Lame.
Title: Re: Target buying Zellers leasehold interests
Post by: bandonov on May 26, 2011, 03:38:32 PM
Bridlewood Mall, Scarborough

This Zellers should be condmend and is half the size of the other Zellers and they are converting it to Target?
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on May 26, 2011, 05:07:05 PM
Quote from: "THE Mike™"
Quote from: "Pete The Greek"
Centre Mall, Hamilton
South Hamilton Square, Hamilton

1. I don't know where South Hamilton Square is?.... And I've lived here all my life.

1576 Upper James Street, Hamilton
Title: Re: Target buying Zellers leasehold interests
Post by: Pete The Greek on May 26, 2011, 05:11:54 PM
Quote from: "bandonov"
Bridlewood Mall, Scarborough

This Zellers should be condmend and is half the size of the other Zellers and they are converting it to Target?

Agreed.  This is a shit hole.  But I assume Target wants a strong presence in the Toronto area.  I think Oshawa has more Zellers stores than Toronto.

I know that Target has asked the property management for one of the Quebec malls listed to take over at least three commercial retail stores for expansion purposes.   Maybe this is the case at Bridlewood.
Title: Re: Target buying Zellers leasehold interests
Post by: SnowHawk on May 27, 2011, 08:49:30 AM
The news up in my neck of the woods says the Orillia Zellers is going to become a Target.
Title: Re: Target buying Zellers leasehold interests
Post by: ARROW on May 27, 2011, 01:28:38 PM
Well.........

I've been hearing snippets --from secondhand sources and TV/Radio here-that have me frowning.

The rumours being that these new Target stores will retain their management from the Zellers incarnations.

IMO, that will be a big mistake---at least for our local store--I don't know about other Zellers specifically enough to say if its good or bad for them.
My step-son worked for Zellers over Christmas..........and the management there treated him like utter shit.
He didn't quit there, and he wasn't actually even fired or "let go"..........they just stopped give him hours. They started him out working full-time, then down to three days, and  then ONE day...............and then one DAY every TWO weeks...........and then he wasn't on the schedule. No-one told him this. He waits, calls them up daily......and no-one has an answer, or will not return his call. Then they stopped taking his call.
The local labour board was quite intrigued by that.
His work status was in limbo for about 2 months and then finally with the Labour Board interceding on his behalf asking if they had him still on hire ( they did not answer), Zellers sent him an ROE.
That was his notice of dismissal. My step-son is a good kid, hard-worker and responsible, he did nothing to deserve that kind of treatment.
And the Labour Board rep said that was Zellers' standard practice--and it royally screws their workers. Since UI payments are often based on the last couple of weeks of income, having no hours in that key period puts the screws to a worker who applies for UI.

Well, we were just appalled. THAT is the kind of management that will eventually represent the Target store here in town. The store in question is......small. The Target style of layout will certainly not carry the amount of stock this store currently carries, and not without considerable renovating and rebuilding the store. The place is cluttered, not very well kept up, and the staff...............well, you've just read how some are treated. The store was not one we shopped at often before.....and we have no interest in patronizing them from now on.


I'm VERY leery of Target coming here now, because it seems to me that they are really just brining in a name swap, for the most part, and little else will change. I have to ask: what's the point?
Title: Re: Target buying Zellers leasehold interests
Post by: Stealth Viper on May 27, 2011, 03:23:34 PM
Talked to a few people I know who work for Zellers.

Zellers employees will have to re-apply for their jobs with Target. That means they will lose current seniority and benefits.

That is pretty crappy. Granted there are some bad people working at Zellers (or any other company for that matter) but there are also some really good ones. Ones who have put 20+ years into the company and will now be reset back to 0 if they want to keep their jobs.
Title: Re: Target buying Zellers leasehold interests
Post by: Stealth Viper on May 27, 2011, 03:30:13 PM
Quote from: "ARROW"
I'm VERY leery of Target coming here now, because it seems to me that they are really just brining in a name swap, for the most part, and little else will change. I have to ask: what's the point?

The point is the sales $$$ will go in their pocket instead of HBCs. It also gives them a presence in Canada, so they can open Super Targets (new stores) where ever they like.

See, the taking over of some Zellers stores is only their foot in the door into Canada and is a means to an end. That end is building their empire here, much like they've done in the US.

An out of country company can't just walk into Canada and set up shop. They have to go through very expensive processes applying for permits, etc,etc - much like someone wanting to immigrate to Canada (only for businesses it is far more difficult) - and there's far more red tape. Takes DECADES to happen, IF it even gets approved.

The loophole is that if they acquire all of (or controlling interest in) an existing Canadian company - that gives them an already established precense in the country and therefore are good to go. Much like how someone from out of country marrying a Canadian will quickly make them (and their children) into Canadian citizens.

This is also how we ended up with Walmart. They bought Woolco, which was their gateway in to Canada. Target is doing the exact same thing.
Title: Re: Target buying Zellers leasehold interests
Post by: pdaat on May 29, 2011, 01:32:52 PM
Quote from: "Stealth Viper"
That is pretty crappy. Granted there are some bad people working at Zellers (or any other company for that matter) but there are also some really good ones. Ones who have put 20+ years into the company and will now be reset back to 0 if they want to keep their jobs.

If that is the case, the only good news is that they will be seeing a severance check - inluding years of service.