[Bump] Target to buy Zellers for 1.8 billion

[Barnet Flame]

Originally Posted by amorak

I bought that toaster from you and the magnito stopped working 5 monhts later.

Caveat emptor.

[amorak]

Originally Posted by Barnet Flame

Caveat emptor.

jokeus maximus

[Antithesis]

Originally Posted by TurnedTheCorner

How many Club Z points did Target get for this purchase?

Probably about 18,000,000,000 or $2.63 in cash value.

[GreenTeaFrapp]

Originally Posted by getbak

That's pretty much how Wal-Mart entered the Canadian market. Woolco was struggling, so Wal-Mart bought all their stores and converted them. Even though they've all been significantly renovated by now, you can still tell which Wal-Marts are former Woolco stores because there's something off about them.

Not many of those stores left. Wal-Mart tended to build brand new stores at the first opportunity and abandon their old Woolco locations.

[getbak]

Originally Posted by GreenTeaFrapp

Not many of those stores left. Wal-Mart tended to build brand new stores at the first opportunity and abandon their old Woolco locations.

There's 4 still in Calgary that I can think of: Macleod Trail, Westbrook, Marlborough, and Northland Village.

I don't spend much time in any of those areas, so I could be wrong, but I believe they all still occupy the old Woolco locations.

[Barnet Flame]

A bit off topic, but what happened to Bob's?

[NSFL]

Originally Posted by darockwilder

On a "commercials I can't stand" tangent, I sure hate Bonnie Brooks and here nasally monotone voice advertising on the radio for stuff "only at the Bay".

I hate Bonnie Brooks. She needs to stop. The moment her voice comes on, I change the channel. Horrible to listen to.

[MrMastodonFarm]

Originally Posted by macker

Can anyone in this thread honestly say that they have bought something at Zellers in the last five years? If so what?

Those Olympic Mittens from the Vancouver games last year.

[Temporary_User]

Originally Posted by macker

Can anyone in this thread honestly say that they have bought something at Zellers in the last five years? If so what? Almost like they stopped trying a few years back....Too bad the dates aren't bumped up to 2012 as it is still nothing to get too excited about yet....they are likely going into Mexico also...

I go fairly often.
I read the flyers that stores mail me. Whenever there is a good deal there I go and buy that product.

I also go there when I need to buy something and don't want to deal with the crowds and lines at walmart.

[You Need a Thneed]

List of Canadian Stores

Calgary Stores:

Chinook Centre, Calgary
Forest Lawn Shopping Centre, Calgary
Market Mall, Calgary
Shoppes at Shawnessy, Calgary
Signal Hill Centre, Calgary
Sunridge Mall, Calgary

[Ducay]

Did they not take any Calgary stores? I mean, they took Forest Lawn. (Although now thinking of it, looks like Deer Run was left out)

Regardless, huzzah as the 3 near-ish to me are being done. (Which can only be a good thing considering how repulsive Zellers currently is)

[You Need a Thneed]

Originally Posted by Ducay

Did they not take any Calgary stores? I mean, they took Forest Lawn. (Although now thinking of it, looks like Deer Run was left out)

Regardless, huzzah as the 3 near-ish to me are being done. (Which can only be a good thing considering how repulsive Zellers currently is)

HBC store locator lists 7 stores in Calgary, so, yes, Deer Run is the only one not converting to a Target right away.

[goodyear]

Does anyone eat at any of the Zellers Restaurant?

I just ate at the one in Signal Hill last wekeend. What will happen after the Target takeover???

And also my HBC reward points?

[Yanda]

Will they still have Restaurants?

[Tyler]

I think they're holding off on the Deer Run spot until that entire mall is finished its demo/renovations

[TurnedTheCorner]

It's going to be nice to see the old Zellers stores close, get refurbished, and return with more staff. It seems like they're just left to rot right now -- at least the Chinook one seemed that way last Christmas.

[Resolute 14]

$1.7 billion to buy the chain, and up to $10 million x105 locations to renovate. Target is definitely going big on this deal.

[puckluck]

The Zellers in Forest Lawn just renovated and expanded not too long ago even though they were always dead. I'm not sure how that store is still in business.

I think it was renovated with the knowledge of it turning into a Target down the road.

[greyshep]

Originally Posted by Ducay

Did they not take any Calgary stores? I mean, they took Forest Lawn. (Although now thinking of it, looks like Deer Run was left out)

Regardless, huzzah as the 3 near-ish to me are being done. (Which can only be a good thing considering how repulsive Zellers currently is)

Had to scratch my head when I saw Forest Lawn included on the list, but I would have to think that they considered the proximity of outlying communities like Chestermere, Langdon, etc when making the choice to keep that one in the mix.

[You Need a Thneed]

Originally Posted by Resolute 14

$1.7 billion to buy the chain, and up to $10 million x105 locations to renovate. Target is definitely going big on this deal.

plus, build a massive distribution centre in the Calgary area...