Quote:
Originally Posted by Team Jetfire
I thought that as well, but it's actually not true. The Bay is owned by a Private equity firm called NRDC, who also owns Saks Fifth Ave and Target is its own thing.
I think that the Bay sold Zellers and the real-estate to Target to which they quickly shoreward it up.
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Yes. Target just bought the leases to the buildings Zellers were in. Zellers is still owned by The Bay(HBC) and I think they still operate 2 stores as discount outlets for The Bay. Target is still the biggest retail disaster ever in Canada lol. I miss Zellers! Now off to check if our Walmart have this wave in yet.