Target taking over Zellers (Canada VS America)

[Joelcool7]

ShadowSnake said:

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.

Thats true and I was aware of it. Zellers and HBC have been American owned for years and I was super pissed when that happened. But at least Zellers and HBC remained somewhat Canadian in the fact that the guy who bought them got Canadian citizenship and the company remained headquartered in Canada and only found in Canada.

Now with Target their is absolutely nothing Canadian about it. I hate to see all my countries stores getting picked up by American companies. Whats next StarBucks buying Tim Hortons? Better not happen!

Now don't get me wrong everytime I cross the border I go to Target. I love Target because I get products their that aren't availible in Canada, like Vanilla Coke or Buttermilk bread. But a Canadian Target won't carry those products so their is no upside to me to see Target take over Zellers.

Also I have gotten extremely pleased with the way Zellers has been operating the last few years. Lower prices and great boxing day sales. I also prefer Zellers brand clothing to Walmart or Superstore (Which has zip). I'm suprized so many Canadian's on here don't mind to see them go.

As someone else said at least us Canadian's have Superstore, one last Canadian chain to shop at.