Liquidation sales at Target’s Canadian stores could begin as early as Thursday. Target Canada will seek court approval Wednesday to allow a group of liquidation companies to start to sell off the contents of its Canadian stores. The U.S.-based retailer announced last month that it will be closing all 133 of its Canadian stores and […]
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TARGET CANADA IS CLOSING! Liquidation Sales Well its going to be an EPIC Liquidation year indeed! Target Corporation (NYSE:TGT) announced that Target Canada Co. (“Target Canada”) has obtained an Initial Order from the Ontario Superior Court of Justice (Commercial List) (the “Court”) for creditor protection under the Companies’ Creditors Arrangement Act (“CCAA”) earlier this […]
Continue readingTarget’s decision to tuck its tail and run out of Canada means billions in sales will soon be up for grabs — but retailers now face a flood of cheap merchandise and fire-sale prices in the market as the U.S. retailer empties its shelves.Before Target turns out the lights at its 133 locations in Canada […]
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