Kingsway
Active Member
Target buying Zellers is a total pipe dream. Although there are handful of decent locations with decent deal terms there are so many small market stores and odd sizes. American retailers (Target, Costco, WalMart, Home Depot, Lowes) are all about prototypical real estate. Even Erin Mills/Sq 1 are 2 floors which would be tough for them to merchandise and operate in their proven formula.
Then there is the issue of small markets, Zellers is in markets of 10,000 all over Canada which creates logistic nightmares that US based retailers have never seen before...I.E. think of shipping goods around the mid west vs shipping goods to Grand Falls, NF, Saskatoon, Nanaimo, Hanover, etc.
Then there is the issue of small markets, Zellers is in markets of 10,000 all over Canada which creates logistic nightmares that US based retailers have never seen before...I.E. think of shipping goods around the mid west vs shipping goods to Grand Falls, NF, Saskatoon, Nanaimo, Hanover, etc.