Quote:
Originally Posted by Northendzone
at the end of the day this purchase obviously provides tar-jay with easy entry into canada - and they have a built in infrastructure and people in the backroom who understand the marketplace (to some extent)- things which can sometime doom companies moving across borders
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Actually, it's all about real estate. Target is too smart to want anything to do with any of Zellers' backroom people.
The bottom line is that Target could take decades finding enough locations in Canada to have a national presence or they could buy Zellers' locations and be up and running in a couple of years.