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Zellers
Zellers was a Canadian discount department retail chain and is currently a brand name owned by the Hudson's Bay Company (HBC). Founded in 1931 in London, Ontario, in later decades it was based in Brampton, Ontario. Zellers was acquired by HBC in 1978 before closing in 2013. A series of acquisitions and expansions allowed Zellers to reach its peak in the 1990s, with 350 stores across the country in 1999. However, fierce competition by Walmart Canada and an inability to adjust to the increasingly volatile retailing industry resulted in Zellers losing significant ground in the 2000s. At the same time, HBC's new owner NRDC Equity Partners was focusing on bolstering and re-positioning Zellers' sister chain, The Bay, with an upscale and fashion-oriented direction, and saw Zellers as a detriment to the turnaround. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announced i ...
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Zellers 1931 Toronto
Zellers was a Canadian discount department retail chain and is currently a brand name owned by the Hudson's Bay Company (HBC). Founded in 1931 in London, Ontario, in later decades it was based in Brampton, Ontario. Zellers was acquired by HBC in 1978 before closing in 2013. A series of acquisitions and expansions allowed Zellers to reach its peak in the 1990s, with 350 stores across the country in 1999. However, fierce competition by Walmart Canada and an inability to adjust to the increasingly volatile retailing industry resulted in Zellers losing significant ground in the 2000s. At the same time, HBC's new owner NRDC Equity Partners was focusing on bolstering and re-positioning Zellers' sister chain, The Bay, with an upscale and fashion-oriented direction, and saw Zellers as a detriment to the turnaround. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target for $1.825 billion. In turn, Target announced i ...
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Norgate Shopping Centre
This is a list of small shopping centres in the island of Montreal. Baie d'Urfé Plaza Baie d'Urfé Plaza Baie d'Urfé is a small strip mall located in Baie d'Urfé, Quebec, Canada on 90 Morgan Street across from Quebec Autoroute 20. The shopping centre is currently owned by First Capital Realty and is anchored by Provigo. It opened in 1967 but was destroyed by a fire 1980. It was rebuilt and reopened in 1981. Beaconsfield Beaconsfield Centre commercial Beaconsfield is a small indoor shopping mall (one of the smallest in the West Island) located in Beaconsfield, Quebec, Canada on 50 St. Charles Blvd. across from Quebec Autoroute 20. The anchor of this mall is a Metro Plus. It was completed in April 1961 by Ivanhoe Corporation. In 1992 its primary tenants were Steinberg and a Canadian Tire and the former became Metro. In 1995, Canadian Tire relocated to a new standalone store in Kirkland, Quebec, while Dollarama, Wimgym & Royal Bank took over the lease. The mall was sold ...
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Target Canada
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 was formed with the acquisition of Zellers store leases from the Hudson's Bay Company in January 2011. Target Canada opened its first store in March 2013, and was operating 133 locations by January 2015. Its main competition included Walmart Canada and the local Loblaws and Shoppers Drug Mart chains and Canadian Tire to some extent. 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. 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 ...
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Hudson's Bay Company
The Hudson's Bay Company (HBC; french: Compagnie de la Baie d'Hudson) is a Canadian retail business group. A fur trading business for much of its existence, HBC now owns and operates retail stores in Canada. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay ( in French). After incorporation by English royal charter in 1670, the company functioned as the ''de facto'' government in parts of North America for nearly 200 years until the HBC sold the land it owned (the entire Hudson Bay drainage basin, known as Rupert's Land) to Canada in 1869 as part of the Deed of Surrender, authorized by the Rupert's Land Act 1868. At its peak, the company controlled the fur trade throughout much of the English- and later British-controlled North America. By the mid-19th century, the company evolved into a mercantile business selling a wide variety of products from furs to fine homeware in a small number of sales shops (as opposed to trading posts) acros ...
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Walmart Canada
Walmart Canada is the Canadian subsidiary of Walmart which is headquartered in Mississauga, Ontario. It was founded on March 17, 1994, with the purchase of the Woolco Canada chain from the F. W. Woolworth Company. Originally consisting of discount stores, many of Walmart Canada's contemporaries and competitors include Giant Tiger, Home Hardware, Canadian Tire, Mark's, Sport Chek, GameStop, Dollarama, Winners, HomeSense, Rossy, Staples Canada, Michaels, Pet Valu, the Great Canadian Dollar Store, Dollar Tree, and Hart Stores. Based on the success of the US format, Walmart Canada has focused on expanding Supercentres from new or converted locations, offering groceries which puts them in the same market as supermarket chains such as Loblaws, Real Canadian Superstore, Atlantic Superstore, Your Independent Grocer, No Frills, Metro, Sobeys, Foodland, Thrifty Foods, Safeway, Save-On-Foods, Country Grocer, Fairway Markets, Quality Foods, Co-op and others. Walmart is the second large ...
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Burlington Centre
Burlington Centre (formerly known as Burlington Mall) is a shopping mall located in Burlington, Ontario, Canada. It is one of the two enclosed malls in Burlington, Ontario, the other being the Mapleview Centre. The stores at Burlington Centre include Hudson's Bay, Homesense, Old Navy and Winners. It has two floors, the upper floor covers the wing leading to the food court, the floor above the food court area, and the second floor of Hudson's Bay. The Hudson's Bay store gained national media attention in 2021 for its Zellers pop-up shop. The mall was developed by Cambridge Leasoholds and opened its doors in October 1968. It was a 60-store complex anchored by Simpsons-Sears, Dominion, G.W Robinson and Famous Players. Sears sold its store lease and fixtures to The Bay which took over the location on August 14, 1991. In 1995, the Hudson's Bay Company bought the Robinson's chain and transferred the location at Burlington Mall to its Zellers subsidiary since there was already The Ba ...
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Fields (department Store)
FIELDS Stores Ltd. is a Canadian discount store company owned by FHC Holdings, with 63 locations in British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories. History The first FIELDS store was established in Vancouver in 1950 by the chain's founders, Joseph Segal and Saul "Sonny" Wosk. From there, FIELDS grew to eight stores by the time it opened a store at Capilano Mall in North Vancouver in 1968, continuing to expand across British Columbia into the 1970s with the acquisitions of several regional retailers (including several small HBC stores in smaller towns). In 1972, FIELDS purchased a subsidiary chain of hardware stores called Marshall Wells, and after further expansion into Alberta and Saskatchewan, it acquired majority ownership of the Zellers chain in 1976. Zellers would reverse the takeover a few months later and make FIELDS and Marshall Wells into its subsidiaries, all of which were partly acquired by the Hudson's Bay Company The Hudson ...
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Discount Store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Category killers So-called category killer stores, speciali ...
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Target Corporation
Target Corporation (doing business as Target and stylized in all lowercase since 2018) is an American big box department store chain headquartered in Minneapolis, Minnesota. It is the seventh largest retailer in the United States, and a component of the S&P 500 Index. Target was established as the discount division of Dayton's department store of Minneapolis in 1962. It began expanding the store nationwide in the 1980s (as part of the Dayton-Hudson Corporation), and introduced new store formats under the Target brand in the 1990s. The company has found success as a cheap-chic player in the industry. The parent company was renamed Target Corporation in 2000, and divested itself of its last department store chains in 2004. It suffered from a massive, highly publicized security breach of customer credit card data and the failure of its short-lived Target Canada subsidiary in the early 2010s, but experienced revitalized success with its expansion in urban markets within the United ...
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Kresge's
Kmart Corporation ( , doing business as Kmart and stylized as kmart) is an American retail company that owns a chain of big box department stores. The company is headquartered in Hoffman Estates, Illinois, United States. The company was incorporated in 1899 as S. S. Kresge Corporation and renamed Kmart Corporation in 1977. The first store with the Kmart name opened in 1962 in Garden City, Michigan. At its peak in 1994, Kmart operated 2,486 stores globally, including 2,323 discount stores and Super Kmart Center locations in the United States. As of April 16, 2022, that number was down to nine, including just three in the continental United States.Tyko, Kelly (April 11, 2022"Kmart store closings 2022: Just three Kmarts remain after new round of closures"''USA Today'' From 2005 through 2019, Kmart was a subsidiary of Sears Holdings Corporation. Since 2019, Kmart has been a subsidiary of Transform SR Brands LLC, a privately held company that was formed in 2019 to acquire assets f ...
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Metropolitan Stores
Metropolitan Stores of Canada Ltd. (often referred to as The Met or Metropolitan) was a Canadian variety department store chain based in Winnipeg, Manitoba. The company was incorporated in 1908 as F.H. Brewster & Company, renamed Metropolitan Stores Ltd. in 1920 and became a newly-formed Canadian corporation as Metropolitan Stores of Canada Ltd. in 1961. At its peak, Metropolitan was one of the four largest variety chain store organizations in Canada with 180 stores in all provinces and territories and also operated junior department and clothing stores under the SAAN, Greenberg and Red Apple banners. The chain's headquarters was located at 1370 Sony Place in Winnipeg, Manitoba, and its warehouse distribution centre was situated at 3075 Trans-Canada Highway in Pointe-Claire, Quebec. The chain was acquired by SAAN in 1997. History 1908–1920s: Early years The chain began in 1908 when F.H. Brewster, the founder, opened his first five-and-dime store eponymously named F.H. Bre ...
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Variety Store
A variety store (also five and dime (historic), pound shop, or dollar store) is a retail store that sells general merchandise, such as apparel, automotive parts, dry goods, toys, hardware, home furnishings, and a selection of groceries. It usually sells them at discounted prices, sometimes at one or several fixed price points, such as one dollar, or historically, five and ten cents. Variety stores do not include larger formats: general merchandise superstores (hypermarkets) such as Target and Walmart. Warehouse clubs like Costco, grocery stores, and department stores are also not considered variety stores. Economics Pricing and margins Some items are offered at a considerable discount over other retailers, whereas others are at the same price point. There are two ways variety stores make a profit: * Buying and selling vast amounts of goods at heavily discounted prices provides a small profit margin multiplied by the volume of sales. * Pricing many items at prices that are h ...
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