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Zellers
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. However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted in Zellers losing significant ground in the 2000s. 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 its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, due to their lack of profitability, all of them would be liquidated and closed by March 31, 2013. Ultimately, all but three selected stores were closed in 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zellers 1931 Toronto
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. However, fierce competition and an inability to adapt during the early stages of the retail apocalypse resulted in Zellers losing significant ground in the 2000s. In January 2011, HBC announced that it would sell the lease agreements for up to 220 Zellers stores to the US chain Target Corporation, Target for $1.825 billion. In turn, Target announced its intention to convert many of them to Target Canada, Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, due to their lack of profitability, all of them would be liquidated and closed by March 31, 2013. Ultimately, all but three sel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Target Canada
Target Canada Co. was a short-lived 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 by January 2015 was operating 133 locations throughout Canada. Its main competition included Walmart Canada, Loblaws, Shoppers Drug Mart, and Canadian Tire. Target Canada was ultimately unsuccessful, owing in part to 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 an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson's Bay Company
The Hudson's Bay Company (HBC), originally the Governor and Company of Adventurers of England Trading Into Hudson’s Bay, is a Canadian holding company of department stores, and the oldest corporation in North America. It was the owner of the namesake Hudson's Bay (department store), Hudson's Bay department stores (colloquially The Bay), and also owns or manages approximately of gross leasable real estate through its HBC Properties and Investments business unit. HBC previously owned the full-line Saks Fifth Avenue and off-price Saks Off 5th in the United States, which were spun-off into the Saks Global holding company in 2024. After incorporation by royal charter issued in 1670 by Charles II of England, King Charles II, the company was granted a right of "sole trade and commerce" over an expansive area of land known as Rupert's Land, comprising much of the Hudson Bay drainage basin. This right gave the company a monopoly, commercial monopoly over that area. The HBC functioned ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Walmart Canada
Walmart Canada is a Canadian retail corporation, discount retailer and the Canadian subsidiary of the U.S.-based multinational retail conglomerate Walmart. Headquartered in Mississauga, Ontario and Edmonton, Alberta, 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, Real Atlantic Superstore, Your Independent Grocer, No Frills, Metro, Sobeys, Foo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fields (department Store)
Fields Stores Ltd. is a Canadian discount store company owned by FHC Holdings, with 67 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' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hudson's Bay (department Store)
Hudson's Bay, also known as The Bay, was a Canadian department store chain. It served as the flagship brand of the Hudson's Bay Company (HBC), the oldest and longest-surviving company in North America as well as one of the oldest and largest continuously operating companies in the world. Founded on 2 May 1670, the Hudson's Bay Company opened its first department store in 1881 in Winnipeg, Manitoba. The chain operated under the company name until 1965, when the stores were rebranded as The Bay. Operating primarily in Western Canada at first, the chain eventually achieved nationwide presence in the second half of the 20th century by opening new locations as well as successively acquiring and converting the department stores Morgan's, Freimans, Simpsons, and Woodward's. In 2013, the chain rebranded as Hudson's Bay. By 2021, Hudson's Bay operated 86 locations in seven Canadian provinces. Its full-line department stores focused on high-end fashion apparel, accessories, and home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Retail Store
Discount stores offer 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 Burlington. Category killers So-called category killer stores, specialize in one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Target Corporation
Target Corporation is an American retail corporation that operates a chain of discount department stores and hypermarkets, headquartered in Minneapolis, Minnesota. It is the seventh-largest retailer in the United States, and a component of the S&P 500 Index. The company is one of the largest American-owned private employers in the United States. The original Target retail store was co-founded by John Geisse and Douglas Dayton, the CEO of the Dayton corporation at that time. The Dayton corporation, now known as the Target Corporation, was the company John Geisse worked for when he founded the Target stores and was founded in Minneapolis by businessman George Dayton in 1902, and developed through the years via expansion and acquisitions. Target, the company's first discount store and eventual namesake, was opened and founded by American business man John F. Geisse in 1962. The company became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kresge's
Kmart ( ), formerly legally registered as Kmart Corporation, now operated by Transformco, is a department-store chain and online retailer in the United States and Territories of the United States, its territories. It operates four remaining Kmart Big-box store, big-box department stores — three in the US Virgin Islands and one in Tamuning, Guam. The company closed its last big-box store in the mainland United States in 2024. A smaller location remains open in the former garden centre, Garden Shop of its Kendale Lakes, Florida, Kendale Lakes, Florida (Miami postal address) store, while the adjoining big box building is occupied by another retail chain that has leased the space. Before 2018, Kmart owned and operated a much larger chain of its namesake 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 i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metropolitan Stores
Metropolitan Stores of Canada Ltd. (often referred to as 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 subsequently 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 name ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Activision
Activision Publishing, Inc. is an American video game publisher based in Santa Monica, California. It serves as the publishing business for its parent company, Activision Blizzard, and consists of several subsidiary studios. Activision is one of the largest third-party video game publishers in the world and was the top United States publisher in 2016. The company was founded as Activision, Inc. on October 1, 1979, in Sunnyvale, California, by former Atari, Inc., Atari game developers upset at their treatment by Atari in order to develop their own games for the popular Atari 2600 home video game console. Activision was the first independent, third-party, console video game developer. The video game crash of 1983, in part created by too many new companies trying to follow in Activision's footsteps without the experience of Activision's founders, hurt Activision's position in console games and forced the company to diversify into games for home computers, including the acquisition ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
