ShadowSnake on 13 January 2011
Zellers is owned by the hudson's bay company, which since 06 has been owned by the american company nrdc equity partners. So i dnno why ppl are making a big deal about it now.
I rarely ever step foot in zellers anymore. As far as I've known, the chain has been struggling for a long while. Just in my area, the number of zellers have gone down from 5 to 1 in the past decade. I dnno much about economics and all but I think we're probably better off with target coming in. For me personally, I think this gives me one extra store to go shopping at as zellers has been long forgotten in my mind.
EDIT: in my eyes this sale is essentially one major american corp. trading a chess piece w/ another major american corp.
