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Zellers was a Canadian discount store chain founded by Walter P. Zeller in 1931. It was acquired by the Hudson's Bay Company (HBC) in 1978, and after a series of acquisitions and expansions, peaked with 350 locations in 1999. [ 2] However, fierce competition and an inability to adapt during the retail apocalypse resulted in Zellers losing ...
Zellers was still owned by HBC as two remaining stores following the sale of its lease portfolio to Target Canada in 2011. [ 131 ] [ 135 ] [ 136 ] By September 2019, the re-purposed Toronto and Ottawa Zellers locations were still operating as discount department stores.
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 Canada opened its first store in March 2013, and ...
The largest of the flagship stores is the Toronto store on Queen Street, at about 79,000 square metres (850,000 sq ft). [9] Amid the financial impact of the COVID-19 pandemic in Canada and other factors, the chain has closed multiple flagship locations since 2020, including locations in Edmonton, Toronto, and Winnipeg.
The deal to create Simpsons-Sears Limited, a Canadian catalogue and department store chain separate from the Simpsons chain, was signed on September 18, 1952, and the terms were 50-50. Each company put up $20 million and had equal representation on the new company's board of directors. The new company was to have two main objectives.
Towers Marts began as a New York -based chain. The first Canadian store was opened on November 15, 1960 in Scarborough, Ontario (at the corner of Lawrence Ave. East and Midland Ave). [2] In March 1962, a group of Towers concessionaires incorporated as Allied Towers Merchants Ltd. [3] After Towers Marts went bankrupt in 1963, Allied Towers ...
The Ford Motor Company plant under construction in 1921. Shoppers World Danforth is a hybrid shopping plaza and shopping mall in Toronto, Ontario, Canada. It has 40 stores serving parts of East York, Scarborough and The Beaches, near the Victoria Park subway station. Today a moderately sized suburban plaza, it has a notable place in history as ...
Bonnie Doon Shopping Centre is a shopping centre in Edmonton, Alberta, at the intersection of Whyte Avenue and 83 Street in the Bonnie Doon neighbourhood. It has over 60 shops and services including Dollarama, Shoppers Drug Mart, Stitches Factory Outlet, and Safeway. [ 1] Former tenants include Sears Canada, [ 2] Target Canada, [ 3] Sport Mart ...