Target never had snow tires or fishing poles in stock.Target opened its first stores in Canada in 2013, so not that big a deal to shut them down in 2015.
Plus, there's no way they could go up against this.
6 Brands That Might Not Make It Through 2015?
- Thread starter Wolf
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Thanks for your mad Google-Fu skills and the translation into Canadian.
I can't quite fathom a billion dollars, but 1.6 of em sounds like a lot to me.
It also sounds like Target made a bad choice for their introduction to a new market. Stockholders should not be pleased.
Not all the locations were purchased from Zellers. Some were ground up. There were inventory supply problems and lots of folks expected them to be the same as US Target for price and selection, which is weird because US and Canadian Wal-Marts or Sears aren't the same and people seem OK with that.
As Koop said, almost 18000 people will be out of work but Target is promising 16 weeks of work or severance and Sears Canada is offering job fairs and the Sears employee discount for the Target workers.
I buy clothes at Target, Nordstrom's, Macy's and H&M. JC Penney does not sell the same clothes. They sell a bunch of out of style, low quality, synthetic blend clothes. It isn't any cheaper than Target or H&M (but it is cheaper than Macy's and Nordstrom's), but it looks cheaper.
On top of that, everyone I see shopping in there looks poor. Not Wal-mart poor, but still poor.
Amazon in Talks to Buy Some of RadioShack's Stores - Bloomberg Business
Well that's an interesting option. I've long thought Amazon should open a grand department store, something like Macy's in its heyday, combining Amazon's selection and prices with the customer experience of analog shopping. Radio Shack stores aren't that, but they give Amazon a place to demonstrate merchandise and for customers to pick up packages they don't want left on the stoop.
Same day delivery for Prime customers? If so I'm all in.
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Oh, I don't wait until 2am to mail you my lingerie.
Well there was one radio shack around the corner from me just closed down less then a month ago.
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i cant load the pic for some reason but thats a ton of stores in a very short time. i wonder if my mall radio shack is in that group.
The list didn't show up the first time I looked either. Several in my area are shutting their doors. It looks like the one closest to my house isn't on the list.