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#8046214 - 01/15/15 08:05 AM target closing in canada
spd-dmn Offline
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i called it as soon as the first store opened
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#8046224 - 01/15/15 08:15 AM Re: target closing in canada [Re: spd-dmn]
Screamin Type ARGH! Offline
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mexx too (cdn), vas and i gonna hit up the 70% off store closing deals by end of Feb \:D
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#8046225 - 01/15/15 08:16 AM Re: target closing in canada [Re: Screamin Type ARGH!]
JEFFOS Offline
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I feel bad for the people that left their old jobs to go there. I know quite a few people that work there
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#8046227 - 01/15/15 08:17 AM Re: target closing in canada [Re: JEFFOS]
Screamin Type ARGH! Offline
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 Originally Posted By: JEFFOS
I feel bad for the people that left their old jobs to go there. I know quite a few people that work there


+1
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#8046231 - 01/15/15 08:19 AM Re: target closing in canada [Re: spd-dmn]
4age Offline
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Source for those wondering: http://www.cbc.ca/news/business/target-c...tores-1.2901618

You called it, but so did a number of consultancies. Target hired a number of agencies to do a review and they were told that their Canadian operations would fail, plan was too aggressive and their timelines too stringent.

And now this!!!
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#8046239 - 01/15/15 08:25 AM Re: target closing in canada [Re: Screamin Type ARGH!]
Big Tasty Offline
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Whoa that sucks.
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#8046245 - 01/15/15 08:33 AM Re: target closing in canada [Re: 4age]
JEFFOS Offline
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 Originally Posted By: 4age
Source for those wondering: http://www.cbc.ca/news/business/target-c...tores-1.2901618

You called it, but so did a number of consultancies. Target hired a number of agencies to do a review and they were told that their Canadian operations would fail, plan was too aggressive and their timelines too stringent.

And now this!!!


Also their competitors are pretty smart and aggressive themselves and wouldn't just let a new entrant grab market share at will.

They did make a lot of mistakes on their end though.
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#8046246 - 01/15/15 08:33 AM Re: target closing in canada [Re: Big Tasty]
TheRealCSnapper Moderator Offline
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while i don't shop there often, i've always enjoyed shopping there.
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#8046259 - 01/15/15 08:37 AM Re: target closing in canada [Re: JEFFOS]
4age Offline
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 Originally Posted By: JEFFOS
 Originally Posted By: 4age
Source for those wondering: http://www.cbc.ca/news/business/target-c...tores-1.2901618

You called it, but so did a number of consultancies. Target hired a number of agencies to do a review and they were told that their Canadian operations would fail, plan was too aggressive and their timelines too stringent.

And now this!!!


Also their competitors are pretty smart and aggressive themselves and wouldn't just let a new entrant grab market share at will.

They did make a lot of mistakes on their end though.


I know Wally was upping salaries in response to Target entering the market to retain talent. Shrug.

What's worse is that Target employees were not notified of this until today--despite there being a press release last Thursday. For the loss. (Wife works there).
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#8046270 - 01/15/15 08:42 AM Re: target closing in canada [Re: 4age]
furball Offline
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Wasn't there talk some time last year about how their product management team f'd up the whole 'ideal Canadian consumer', assuming they had the same tastes as that of an 'ideal American consumer'? I recall reading that... (they used an American product manager or some shit...)

I kinda liked the emptiness and brightness of their stores ... Though their 'bargain bins' front and centre near the checkout lines were a sign ...


Edited by furball (01/15/15 08:43 AM)

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#8046283 - 01/15/15 08:46 AM Re: target closing in canada [Re: furball]
furball Offline
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Getting out of their anchor store lease at the foot of York street is gonna be massive rapage at the Cosby scale...

http://www.blogto.com/city/2014/03/massive_new_target_store_coming_to_downtown_toronto/

http://www.thestar.com/business/real_est...re_in_2016.html

 Quote:
the two-storey Target store will anchor the entire retail portion of Menkes Developments’ Harbour Plaza. As well, Healthcare of Ontario Pension Plan (HOOPP) is a partner in the 35-storey tower at One York Street, not a partner in the entire project.


Edited by furball (01/15/15 08:47 AM)

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#8046285 - 01/15/15 08:46 AM Re: target closing in canada [Re: furball]
4age Offline
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^ahahaha I have no idea.
Much of the management is from the Murican team, and one of the primary internal issues is that they were running their Canadian operations like their US one--because it "works". But heeeeeey, this be Canada, son. And improper decision making led to their demise.

Funny things go on in there...such as using a primary competitor's distribution center for goods.
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#8046287 - 01/15/15 08:48 AM Re: target closing in canada [Re: furball]
porschetr Offline
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Been there twice because none around my area.
Both times walked out empty handed.
They didn't have American Target products I was looking to get and stuffs weren't priced well
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#8046292 - 01/15/15 08:49 AM Re: target closing in canada [Re: porschetr]
Screamin Type ARGH! Offline
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they didn't do their homework re. canadian consumer and got burned (and they didn't listen)
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#8046312 - 01/15/15 08:56 AM Re: target closing in canada [Re: Screamin Type ARGH!]
Euphoricuck Offline
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obviously. The places are ghost towns when you go in there. Which is why I love going there rather than walmart \:\|
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#8046318 - 01/15/15 08:58 AM Re: target closing in canada [Re: Screamin Type ARGH!]
spd-dmn Offline
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the only reason i called it was because i knew canadians were expecting US target prices with higher quality merchandise and that was just notgonnahappen.


i am very curious to know this "big" difference between cdn and us consumers though...

other than pricing, what was the miscalculation in terms of consumer insights?

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#8046326 - 01/15/15 09:01 AM Re: target closing in canada [Re: spd-dmn]
Screamin Type ARGH! Offline
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I'm gonna open a congee queen inside one, mad bidnezz.
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#8046349 - 01/15/15 09:06 AM Re: target closing in canada [Re: Screamin Type ARGH!]
Simon_the_Pieman Offline
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i actually liked shopping at target.
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#8046356 - 01/15/15 09:09 AM Re: target closing in canada [Re: spd-dmn]
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 Originally Posted By: spd-dmn
the only reason i called it was because i knew canadians were expecting US target prices with higher quality merchandise and that was just notgonnahappen.


i am very curious to know this "big" difference between cdn and us consumers though...

other than pricing, what was the miscalculation in terms of consumer insights?


Agreed,

I don't think it was as much of a miscalculation on their end as it was an extremely poor roll out/marketing strategy.

I know they had a media blast, but commercials on tv = people shopping there, at least IMO, nothing was effective on bringing people into the store.

I've never even been in a target

To compete at that retail level you either have to promote rock bottom pricing (which isn't their business model anyway and wally world would crush them in that respect) or you have to provide something of value...which again is impossible to do that that level of common retail. There isn't room for another retailer like that imo.

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#8046361 - 01/15/15 09:11 AM Re: target closing in canada [Re: Simon_the_Pieman]
Senor Eduardo_82 Offline
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It's just a ploy. The gov't will bail them out.
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#8046364 - 01/15/15 09:12 AM Re: target closing in canada [Re: spd-dmn]
JEFFOS Offline
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 Originally Posted By: spd-dmn
the only reason i called it was because i knew canadians were expecting US target prices with higher quality merchandise and that was just notgonnahappen.


i am very curious to know this "big" difference between cdn and us consumers though...

other than pricing, what was the miscalculation in terms of consumer insights?


Canadian customers do work and respond differently than the US
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#8046368 - 01/15/15 09:13 AM Re: target closing in canada [Re: JEFFOS]
JEFFOS Offline
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Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
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#8046372 - 01/15/15 09:14 AM Re: target closing in canada [Re: JEFFOS]
Euphoricuck Offline
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 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me
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#8046385 - 01/15/15 09:16 AM Re: target closing in canada [Re: Euphoricuck]
JEFFOS Offline
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 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



But is it the right product? Imagine you get everything you need except 3 items so you have to go somewhere else to buy those? Hassle right?

Imagine you go in to buy 1 specific item that's a great deal that's promoted. That's all you came in for - imagine they didn't have it? Annoying right?
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#8046391 - 01/15/15 09:18 AM Re: target closing in canada [Re: JEFFOS]
Euphoricuck Offline
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Registered: 11/05/03
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 Originally Posted By: JEFFOS
 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



But is it the right product? Imagine you get everything you need except 3 items so you have to go somewhere else to buy those? Hassle right?

Imagine you go in to buy 1 specific item that's a great deal that's promoted. That's all you came in for - imagine they didn't have it? Annoying right?
inorite
happens at every store...especially in the gta.
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#8046406 - 01/15/15 09:21 AM Re: target closing in canada [Re: Euphoricuck]
Screamin Type ARGH! Offline
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 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



loved how quiet it was vs wallymart. wifey and i go there with the baby, just roam around grab whatever you need in peace. barely checkout lineup. pricing was decent on certain items, sometimes very good if on sale. reg priced stuff nothign special.
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#8046407 - 01/15/15 09:21 AM Re: target closing in canada [Re: JEFFOS]
spd-dmn Offline
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 Originally Posted By: JEFFOS
 Originally Posted By: spd-dmn
the only reason i called it was because i knew canadians were expecting US target prices with higher quality merchandise and that was just notgonnahappen.


i am very curious to know this "big" difference between cdn and us consumers though...

other than pricing, what was the miscalculation in terms of consumer insights?


Canadian customers do work and respond differently than the US



i hear this all the time, and i see it in the car market, but what is the big difference in the retail goods market

i know theres big CS differences, and we let businesses get away with a lot more than US customers.. wat dat lawsuit mentality deww



but i still havent seen any concrete evidence of such a massive rift in consumer sentiment when it comes to buying

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#8046424 - 01/15/15 09:30 AM Re: target closing in canada [Re: Euphoricuck]
4age Offline
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There is the problem of comparison shopping (US vs Canadian prices) always.
What Canadian consumers don't understand is the cost of logistics is much, much higher in Canada vs the 'states, so prices would never be equal.

I'm not certain the Target issue was ever pricing though (in reality). There may have been the perception of Target being expensive, but Target always priced stuff the same as Walmart for the equivalent product. + Price matching. + many promotions that were way cheaper. Ppl just didn't bother going to the store. It's always a ghost town there and for that, I do not know why.

Yes, there were supply chain issues up front, but many of those were resolved later on...and despite resolution, the stores were still ghost towns XD
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#8046430 - 01/15/15 09:33 AM Re: target closing in canada [Re: spd-dmn]
4age Offline
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 Originally Posted By: spd-dmn
 Originally Posted By: JEFFOS
 Originally Posted By: spd-dmn
the only reason i called it was because i knew canadians were expecting US target prices with higher quality merchandise and that was just notgonnahappen.


i am very curious to know this "big" difference between cdn and us consumers though...

other than pricing, what was the miscalculation in terms of consumer insights?


Canadian customers do work and respond differently than the US



i hear this all the time, and i see it in the car market, but what is the big difference in the retail goods market

i know theres big CS differences, and we let businesses get away with a lot more than US customers.. wat dat lawsuit mentality deww



but i still havent seen any concrete evidence of such a massive rift in consumer sentiment when it comes to buying


Canadian vs US spending and buyer profile has always been an issue, and is widely studied since forever in the B2C world.

http://www.ats-sea.agr.gc.ca/can/5645-eng.htm

http://www.huffingtonpost.ca/2013/12/30/canadian-american-spending_n_4519051.html
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#8046447 - 01/15/15 09:41 AM Re: target closing in canada [Re: 4age]
JEFFOS Offline
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There is way more than that.

I wish we knew a retail exec, they probably would know about this topic.
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#8046456 - 01/15/15 09:43 AM Re: target closing in canada [Re: JEFFOS]
Senor Eduardo_82 Offline
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I'm gonna head over to RFD and see what the experts have to say.

\:\|

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#8046459 - 01/15/15 09:44 AM Re: target closing in canada [Re: Screamin Type ARGH!]
JEFFOS Offline
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 Originally Posted By: Screamin DC2R
 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



loved how quiet it was vs wallymart. wifey and i go there with the baby, just roam around grab whatever you need in peace. barely checkout lineup. pricing was decent on certain items, sometimes very good if on sale. reg priced stuff nothign special.


Yeah it's good for the customers that are there but every customer has an average basket spend per visit. You can only get this number so high because everyone has only so much money.

You can increase number of trips per year which is good but you can only do that so much on average (and food and consumables does this the most a which target was only half in). So you biggest bet is getting more people into the stores.


Nobody in the stores? Kiss of death.
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#8046468 - 01/15/15 09:52 AM Re: target closing in canada [Re: JEFFOS]
SW20_MR2 Offline
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We never went to the Canadian store, but even the U.S. one wasn't anything special to us.
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#8046492 - 01/15/15 10:01 AM Re: target closing in canada [Re: JEFFOS]
Euphoricuck Offline
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 Originally Posted By: JEFFOS


Nobody in the stores? Kiss of death.
ya dont say...
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#8046495 - 01/15/15 10:01 AM Re: target closing in canada [Re: Simon_the_Pieman]
iamfob Offline
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 Originally Posted By: Simon_the_Pieman
i actually liked shopping at target.
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#8046505 - 01/15/15 10:05 AM Re: target closing in canada [Re: Screamin Type ARGH!]
hyper-s2k Offline
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 Originally Posted By: Screamin DC2R
 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



loved how quiet it was vs wallymart. wifey and i go there with the baby, just roam around grab whatever you need in peace. barely checkout lineup. pricing was decent on certain items, sometimes very good if on sale. reg priced stuff nothign special.


+1 -- esp. the one up in Aurora; same w/ that Wallymart -- can take my sweet ass time and check out is pretty fast.
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#8046560 - 01/15/15 10:33 AM Re: target closing in canada [Re: hyper-s2k]
LNXGUY Moderator Offline
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I love the Target in Barrie. Lots of stuff, never super busy.
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#8046609 - 01/15/15 10:57 AM Re: target closing in canada [Re: JEFFOS]
SuPeR-MaRiO Offline
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Registered: 06/28/01
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 Originally Posted By: JEFFOS
I wish we knew a retail exec, they probably would know about this topic.
If only ...

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#8046640 - 01/15/15 11:10 AM Re: target closing in canada [Re: iamfob]
loudsubz Offline
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I could care less about that place. My wife goes there but complains they never have stock on what she needs so screw em
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#8046748 - 01/15/15 11:57 AM Re: target closing in canada [Re: loudsubz]
f22b-dohc Offline
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i like target.. i have the 5% off rbc card..

they have some really good clearance stuff...

i bought shitload of car cleaning stuff for ~ 2-5 bucks that were regular 5-20...

guess it will be fun on clearance clearance stuff.
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#8046909 - 01/15/15 01:15 PM Re: target closing in canada [Re: f22b-dohc]
furball Offline
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Shiet... this reminds me... This has serious implications...

They a branded debit and CC ... shiiiiiet....

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#8046972 - 01/15/15 01:40 PM Re: target closing in canada [Re: furball]
furball Offline
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Sony saying goodbye to Canada as well ...

http://business.financialpost.com/2015/01/15/sony-corp-to-close-its-canadians-stores-all-14-of-them/

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#8046983 - 01/15/15 01:47 PM Re: target closing in canada [Re: furball]
Euphoricuck Offline
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but dem property values just gonna keep climbing rite. Valued on hopes and dreams
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#8046988 - 01/15/15 01:53 PM Re: target closing in canada [Re: furball]
Simon_the_Pieman Offline
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 Originally Posted By: furball
Shiet... this reminds me... This has serious implications...

They a branded debit and CC ... shiiiiiet....


yup wife has the 'red' card.
i will miss getting coffee and reading magazines while the wife shops.... pause.
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#8046992 - 01/15/15 01:56 PM Re: target closing in canada [Re: Simon_the_Pieman]
furball Offline
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 Quote:
The company said “nearly all Target Canada-based employees receive a minimum of 16 weeks of compensation, including wages and benefits coverage for employees who are not required for the full wind-down period.”

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#8046995 - 01/15/15 01:58 PM Re: target closing in canada [Re: furball]
Simon_the_Pieman Offline
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define 'nearly all'.
bunch a people gonna get ska-rood!
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#8047067 - 01/15/15 02:56 PM Re: target closing in canada [Re: furball]
4age Offline
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 Originally Posted By: furball
 Quote:
The company said “nearly all Target Canada-based employees receive a minimum of 16 weeks of compensation, including wages and benefits coverage for employees who are not required for the full wind-down period.”


That severance package is under review by Canadian court, as Target needs to secure 70M for those payouts.

Sony is a sad story too. They been dying for so long.
Yet they were legendary.

beta tapes, walkman, md, discman!
OH MAAAAAAAN. The first commercial mass market IEM's
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#8047103 - 01/15/15 03:14 PM Re: target closing in canada [Re: 4age]
JEFFOS Offline
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Sad for the job losses everywhere - sucks
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#8047131 - 01/15/15 03:31 PM Re: target closing in canada [Re: JEFFOS]
TheRealCSnapper Moderator Offline
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more bad news for another Canadian Company - http://business.financialpost.com/2015/0...program-halted/

at least the lost jobs are not in Canada....

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#8047145 - 01/15/15 03:40 PM Re: target closing in canada [Re: JEFFOS]
4age Offline
XD XD XD XD
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Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
duuude

direct drive walkmans \:\(
then there were ones with diamond coated heads.

fancy dancy. killed by ipod XD
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XD XD XD XD

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#8047311 - 01/15/15 05:05 PM Re: target closing in canada [Re: 4age]
titty sprinkles Online   pandAr
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Registered: 08/22/05
Posts: 17186
Loc: Toronto,Ontario
damnit i heard they have this wicked iphone 5 charger that i wanted....but there's no targets around me.
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#8047333 - 01/15/15 05:24 PM Re: target closing in canada [Re: JEFFOS]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: JEFFOS
I feel bad for the people that left their old jobs to go there. I know quite a few people that work there

+1
_________________________

'07 997.1 GT3
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'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8047343 - 01/15/15 05:35 PM Re: target closing in canada [Re: 4age]
Hatorade Offline
pheggit
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Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: 4age
There is the problem of comparison shopping (US vs Canadian prices) always.
What Canadian consumers don't understand is the cost of logistics is much, much higher in Canada vs the 'states, so prices would never be equal.

I'm not certain the Target issue was ever pricing though (in reality). There may have been the perception of Target being expensive, but Target always priced stuff the same as Walmart for the equivalent product. + Price matching. + many promotions that were way cheaper. Ppl just didn't bother going to the store. It's always a ghost town there and for that, I do not know why.

Yes, there were supply chain issues up front, but many of those were resolved later on...and despite resolution, the stores were still ghost towns XD


BS, supply issues were never resolved. Been to Target 3 times (last time was beginning of December) and every single freaking time the counters are empty. Basic items like paper towel, toilet paper are EMPTY on the counters. The in-stock is a complete joke IMO. You could walk around and just can't help but notice all the empty counters, even the coolers were empty.

It really sucks for the folks working in the field since they have very little control over replenishment issues and count on HO to FIX it.
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8047373 - 01/15/15 05:56 PM Re: target closing in canada [Re: Hatorade]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
Did not experience those issues in sauga.
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#8047394 - 01/15/15 06:11 PM Re: target closing in canada [Re: Euphoricuck]
Hatorade Offline
pheggit
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Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
Been to 3 targets and they were consistent...consistent with empty counters that is!!!

The other thing that confused me about target. So they wanted to position themselves as a discount store (just going by memory from all the advertising propaganda), yet they have a Starbucks...lol. I confused.
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8047396 - 01/15/15 06:12 PM Re: target closing in canada [Re: Hatorade]
c2k Moderator Offline
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 Originally Posted By: Hatorade
Been to 3 targets and they were consistent...consistent with empty counters that is!!!

The other thing that confused me about target. So they wanted to position themselves as a discount store (just going by memory from all the advertising propaganda), yet they have a Starbucks...lol. I confused.


the only thing you are consistent on is hating everything else.
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Who cares

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#8047397 - 01/15/15 06:13 PM Re: target closing in canada [Re: c2k]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: c2k
 Originally Posted By: Hatorade
Been to 3 targets and they were consistent...consistent with empty counters that is!!!

The other thing that confused me about target. So they wanted to position themselves as a discount store (just going by memory from all the advertising propaganda), yet they have a Starbucks...lol. I confused.


the only thing you are consistent on is hating everything else.


Problem is?
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8047400 - 01/15/15 06:15 PM Re: target closing in canada [Re: Hatorade]
LNXGUY Moderator Offline
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Registered: 08/06/00
Posts: 106969
Loc: Barrie, Ont,
One in Barrie is always stocked, even on opening day I didn't see any empty shelving.
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The GN would OWN you, your children and your children's children.
'09 E90 335d

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#8047401 - 01/15/15 06:18 PM Re: target closing in canada [Re: LNXGUY]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: LNXGUY
One in Barrie is always stocked, even on opening day I didn't see any empty shelving.


So it appears some stores were ok, but the general public says otherwise. Number one complaint seems to be empty shelves...

Doesn't matter anymore as this will become a case study for education.
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8047510 - 01/15/15 07:53 PM Re: target closing in canada [Re: Euphoricuck]
loudsubz Offline
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Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
 Originally Posted By: Euphoric
Did not experience those issues in sauga.


my wife did on a couple occasions


Edited by loudsubz (01/15/15 07:53 PM)

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#8047664 - 01/15/15 10:42 PM Re: target closing in canada [Re: loudsubz]
Euphoricuck Offline
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Posts: 92703
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^ which location? The two I went to(which were somewhat late bloomers to the market) were fine.
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#8047709 - 01/15/15 11:38 PM Re: target closing in canada [Re: Euphoricuck]
JEFFOS Offline
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Posts: 29150
Loc: Toronto
 Originally Posted By: Euphoric
^ which location? The two I went to(which were somewhat late bloomers to the market) were fine.


On regular occasion there were many holes in inventory in all of the mississauga ones.
_________________________
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#8047730 - 01/16/15 12:08 AM Re: target closing in canada [Re: Euphoricuck]
Kid Bro Sweets Offline
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Registered: 11/09/06
Posts: 6774
Loc: GTA
 Originally Posted By: Euphoric
 Originally Posted By: JEFFOS
Word on the street is they had lots of supply chain and store quantity issues... I don't know for sure I'm just guessing.
The places are stacked full of product with little or no shoppers. Everytime I go in there its like a private shopping trip for me and only me



+1 i felt like riding my bike in there or have a paint ball tournament
_________________________
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#8047795 - 01/16/15 07:35 AM Re: target closing in canada [Re: Kid Bro Sweets]
furball Offline
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Registered: 09/24/03
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Loc: Toronto, ON
Are US Hatorades fucked?

http://www.businessinsider.com/r-radiosh...loomberg-2015-1

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#8047844 - 01/16/15 08:21 AM Re: target closing in canada [Re: furball]
4age Offline
XD XD XD XD
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Registered: 09/11/01
Posts: 3969
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Best buy has been closing stores and stuff too.
It's oooooooover!
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#8047871 - 01/16/15 08:37 AM Re: target closing in canada [Re: JEFFOS]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
 Originally Posted By: JEFFOS
 Originally Posted By: Euphoric
^ which location? The two I went to(which were somewhat late bloomers to the market) were fine.


On regular occasion there were many holes in inventory in all of the mississauga ones.
oh you went?
_________________________

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#8047927 - 01/16/15 09:12 AM Re: target closing in canada [Re: Euphoricuck]
JEFFOS Offline
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Registered: 01/27/00
Posts: 29150
Loc: Toronto
Yes biweekly and people would send me pictures of the store sections on a biweekly basis - no idea why I guess they just liked to take pictures of stores.
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#8047981 - 01/16/15 09:46 AM Re: target closing in canada [Re: JEFFOS]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
I never encountered any problems
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#8047990 - 01/16/15 09:51 AM Re: target closing in canada [Re: Euphoricuck]
loudsubz Offline
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Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
Mississauga location Erin mills Parkway
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#8048020 - 01/16/15 10:11 AM Re: target closing in canada [Re: Euphoricuck]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
 Originally Posted By: Euphoric
I never encountered any problems


then I guess Target Canada will survive.

stayed tuned for retraction on the store closing annoucment, and them withdrawing from creditor protection.

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#8048029 - 01/16/15 10:16 AM Re: target closing in canada [Re: TheRealCSnapper]
Senor Eduardo_82 Offline
miataist
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Registered: 01/09/03
Posts: 38036
Loc: Ca�ada
If you can't identify the problem at Canadian Target stores, you are the problem.
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#8048081 - 01/16/15 10:36 AM Re: target closing in canada [Re: 4age]
4Three Offline
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Registered: 12/21/00
Posts: 5365
Loc: Markham, ON, Canada
casette? damn boy, you must come from money!

_________________________
Fake right, cross-over, shoot lefty

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#8048102 - 01/16/15 10:46 AM Re: target closing in canada [Re: 4Three]
The Postman Offline
A-List Member also The Man
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Registered: 02/13/02
Posts: 4974
Ive always liked Target. But yeah, inventory spread pretty thin and not any cheaper then Walmart.

Wife and I went yesterday to check out any possible sales, cashier told me she found out about the closings via Facebook and that Target really didnt comunicate anything to them prior to the news announcment.

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#8048148 - 01/16/15 11:06 AM Re: target closing in canada [Re: The Postman]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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being a public company, it's hard to handle these kinds of communication.

they'll probably rather deal with some backlash than spend time to come up with a viable comms plan to tell the stock boy and check out people.

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#8048166 - 01/16/15 11:15 AM Re: target closing in canada [Re: 4Three]
4age Offline
XD XD XD XD
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Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
 Originally Posted By: 4Three
casette? damn boy, you must come from money!



DAFUQQQQQQQ THAT IS SISCK!
Don't lie, I remember those things were super baller back then too XD

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.
_________________________
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XD XD XD XD

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#8048170 - 01/16/15 11:18 AM Re: target closing in canada [Re: 4age]
zc911 Offline
Ferrari4Sale 😎
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Registered: 01/01/00
Posts: 16449
Loc: toronto
Wow thats fucked, having worked at HBC when they where bought, sold, bought sold, and eventually closed Zellers, it's really stressfull and really sucks for those employees
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#8048182 - 01/16/15 11:26 AM Re: target closing in canada [Re: zc911]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
cray cray
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8048374 - 01/16/15 12:41 PM Re: target closing in canada [Re: 4age]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44790
 Originally Posted By: 4age

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.


That is fucking disgusting, from their shitty roll out, to this.

It doesn't surprise me one bit on how they handled this, talk about lack of stop gap measures even with this massive shutdown. It's rare in history to see such sharp closures, that explains why they are offering these generous packages (16 weeks for less than 2 years of work, lol only 1 week is required for every year worked a this level). I've worked on 2 restructuring plans to date and this is laughable, it will cost more money to do what they are doing now than handling it like civilized people. Scum, fuck target.

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#8048376 - 01/16/15 12:41 PM Re: target closing in canada [Re: Hatorade]
c2k Moderator Offline
Post Master Supreme


Registered: 05/21/00
Posts: 19291
Loc: Wiesloch-Walldorf, Germany
 Originally Posted By: Hatorade
 Originally Posted By: c2k
 Originally Posted By: Hatorade
Been to 3 targets and they were consistent...consistent with empty counters that is!!!

The other thing that confused me about target. So they wanted to position themselves as a discount store (just going by memory from all the advertising propaganda), yet they have a Starbucks...lol. I confused.


the only thing you are consistent on is hating everything else.


Problem is?


you're just a miserable cranky old man. relax dude and we dont want ya to be the first to get a heart attack on csi-on.
_________________________
Who cares

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#8048402 - 01/16/15 12:49 PM Re: target closing in canada [Re: c2k]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: c2k
 Originally Posted By: Hatorade
 Originally Posted By: c2k
 Originally Posted By: Hatorade
Been to 3 targets and they were consistent...consistent with empty counters that is!!!

The other thing that confused me about target. So they wanted to position themselves as a discount store (just going by memory from all the advertising propaganda), yet they have a Starbucks...lol. I confused.


the only thing you are consistent on is hating everything else.


Problem is?


you're just a miserable cranky old man. relax dude and we dont want ya to be the first to get a heart attack on csi-on.


Give you a heart attack!!!
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8048412 - 01/16/15 12:52 PM Re: target closing in canada [Re: Risky Business]
4age Offline
XD XD XD XD
Post Master Sr


Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
 Originally Posted By: Risky Business
 Originally Posted By: 4age

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.


That is fucking disgusting, from their shitty roll out, to this.

It doesn't surprise me one bit on how they handled this, talk about lack of stop gap measures even with this massive shutdown. It's rare in history to see such sharp closures, that explains why they are offering these generous packages (16 weeks for less than 2 years of work, lol only 1 week is required for every year worked a this level). I've worked on 2 restructuring plans to date and this is laughable, it will cost more money to do what they are doing now than handling it like civilized people. Scum, fuck target.


Most HQ peeps are over 3 years, as HQ was in operations 1+ year prior to store opening. But ya, cray cray! At least the package is good.
_________________________
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#8048439 - 01/16/15 01:12 PM Re: target closing in canada [Re: 4age]
Euphoricuck Offline
Post Master Supreme


Registered: 11/05/03
Posts: 92703
Loc: Canadistan
 Originally Posted By: 4age

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.


thats fucked.

link to source doe?
_________________________

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#8048446 - 01/16/15 01:15 PM Re: target closing in canada [Re: Euphoricuck]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: Euphoric
 Originally Posted By: 4age

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.


thats fucked.

link to source doe?


As 4age said previously, his wife works there...I mean worked XD
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

Top
#8048550 - 01/16/15 02:03 PM Re: target closing in canada [Re: Hatorade]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
office hearsay got it. ;\)

I think hes mentioned that before to me actually. i forgotted
_________________________

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#8051702 - 01/19/15 03:19 PM Re: target closing in canada [Re: Euphoricuck]
furball Offline
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Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
http://www.blogto.com/fashion_style/2015...to_three_weeks/
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#8051716 - 01/19/15 03:26 PM Re: target closing in canada [Re: furball]
4age Offline
XD XD XD XD
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Registered: 09/11/01
Posts: 3969
Loc: North York, Ontario, Canada
everyone run to target in 3 weeks to buy a sonic care!
_________________________
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#8051731 - 01/19/15 03:34 PM Re: target closing in canada [Re: 4age]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
went to target by my work to pick up some shit over lunch....i had no idea they sell the Vitamix there. it wasn't marked down or anything, but good to check out if you're in the market.

i shall go keep an eye out for a stand mixer over the next couple weeks.

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#8052352 - 01/20/15 07:38 AM Re: target closing in canada [Re: 4age]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
 Originally Posted By: 4age
everyone run to target in 3 weeks to buy a sonic care!

I picked up the 2-pack Sonicare @ Costco over the wkend ...



Edited by furball (01/20/15 08:16 AM)

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#8052630 - 01/20/15 10:43 AM Re: target closing in canada [Re: furball]
iamfob Offline
Post Master Supreme


Registered: 09/06/02
Posts: 24697
Loc: Out There
Give us a full review on how awesome they are.
_________________________
FTMFW!!!

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#8052682 - 01/20/15 10:59 AM Re: target closing in canada [Re: iamfob]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
the smartcanucks forums is posting mad deals @ Target for food items....

Eggo waffles @ $0.84 or some shit....



Edited by furball (01/20/15 11:00 AM)

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#8052700 - 01/20/15 11:09 AM Re: target closing in canada [Re: furball]
Risky Business Offline
Provides a Great Work Environment. he/him
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Registered: 05/17/10
Posts: 44790
This thread has inspired me to go to a target and see wtf is up with this store...will be my first time ever in Canada. brb
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#8052727 - 01/20/15 11:15 AM Re: target closing in canada [Re: Risky Business]
4Three Offline
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Registered: 12/21/00
Posts: 5365
Loc: Markham, ON, Canada
too soon junior ...
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#8052866 - 01/20/15 12:04 PM Re: target closing in canada [Re: 4Three]
loudsubz Offline
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Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
In true fashion all the brownies were at the target by our place this weekend trying to scoop up a deal
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#8052909 - 01/20/15 12:15 PM Re: target closing in canada [Re: loudsubz]
Senor Eduardo_82 Offline
miataist
Post Master Supreme


Registered: 01/09/03
Posts: 38036
Loc: Ca�ada
I went in Friday afternoon and it was still dead as usual. Grabbed one of the shirts I like (last one in my size ). Don't think I'll ever be going back now.

GNSP

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#8052916 - 01/20/15 12:17 PM Re: target closing in canada [Re: loudsubz]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
 Originally Posted By: loudsubz
In true fashion all the brownies were at the target by our place this weekend trying to scoop up a deal
so ypu were there too ?
_________________________

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#8052919 - 01/20/15 12:20 PM Re: target closing in canada [Re: Euphoricuck]
loudsubz Offline
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Registered: 08/16/01
Posts: 11333
Loc: Ontario, Canada
Wife, I hate shopping. The only time I stepped into a mall last year was for 30 min of last minute xmas shopping at hmv
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#8052991 - 01/20/15 12:47 PM Re: target closing in canada [Re: loudsubz]
TheRealCSnapper Moderator Offline
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Loc: Toronto, Canada
i've been today and yesterday over lunch because i needed to pick up some shit...

i had no idea that their shit is that much less than loblaws. some of the shit i bought at loblaws the day before (mostly household shit) were twice as much at loblaws! FUCK!

the stores do look pretty sad right now...nothing worth buying are on sale at this point.

back to loblaws for me. ugh!

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#8053007 - 01/20/15 12:53 PM Re: target closing in canada [Re: Risky Business]
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 Originally Posted By: Rinky Business
 Originally Posted By: 4age

As for Target - the entire Canadian side was blindsided.
The decision to chop Canadian ops came from upper management on the US side on Thursday. Because the US company was doing bad on the state side, they could no longer afford the huge risk on the Canadian side.

They went as far as cancelling all corporate cards + shutting down phone lines at HQ + having cops at the office incase of riot. So internal or external communications, and those that were travelling on business got fucked bc their corporate cards no longer worked (my wife being one of them).

HQ is officially closed and their package begins immediately. Vacations are being paid out etc.


That is fucking disgusting, from their shitty roll out, to this.

It doesn't surprise me one bit on how they handled this, talk about lack of stop gap measures even with this massive shutdown. It's rare in history to see such sharp closures, that explains why they are offering these generous packages (16 weeks for less than 2 years of work, lol only 1 week is required for every year worked a this level). I've worked on 2 restructuring plans to date and this is laughable, it will cost more money to do what they are doing now than handling it like civilized people. Scum, fuck target.


+1
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#8053041 - 01/20/15 01:13 PM Re: target closing in canada [Re: TheRealCSnapper]
Euphoricuck Offline
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 Originally Posted By: c_snapper
i've been today and yesterday over lunch because i needed to pick up some shit...

i had no idea that their shit is that much less than loblaws. some of the shit i bought at loblaws the day before (mostly household shit) were twice as much at loblaws! FUCK!

uh ya, loblaws is fucking expensive as shit...for everything
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#8053046 - 01/20/15 01:17 PM Re: target closing in canada [Re: Euphoricuck]
Senor Eduardo_82 Offline
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^^ No Frills shopper identified.
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#8053067 - 01/20/15 01:33 PM Re: target closing in canada [Re: Senor Eduardo_82]
Euphoricuck Offline
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peasants gotta peasant
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#8053078 - 01/20/15 01:38 PM Re: target closing in canada [Re: TheRealCSnapper]
furball Offline
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Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
a GC Asian in the making ...

 Originally Posted By: c_snapper
i had no idea that their shit is that much less than loblaws. some of the shit i bought at loblaws the day before (mostly household shit) were twice as much at loblaws! FUCK!

the stores do look pretty sad right now...nothing worth buying are on sale at this point.

back to loblaws for me. ugh!

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#8053091 - 01/20/15 01:47 PM Re: target closing in canada [Re: furball]
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 Originally Posted By: furball
a GC Asian in the making ...

 Originally Posted By: c_snapper
i had no idea that their shit is that much less than loblaws. some of the shit i bought at loblaws the day before (mostly household shit) were twice as much at loblaws! FUCK!

the stores do look pretty sad right now...nothing worth buying are on sale at this point.

back to loblaws for me. ugh!


GC asian in the making? He is the exact opposite, the more it costs the better.

Anyway, moving on it was quite the exciting trip for me...first time in target. It was hella busy, especially for a Tuesday afternoon. Some aisles looked like Baghdad, employees were the best doe. Some fob walking in front of me tried to stop an *associate* and asked where something was, *associate* didn't even stop or make eye contact, just shrugged his shoulders and kept walking Can't blame him, all of them looked beat up/miserable \:\(

stocked shelves /euphoric



Hard to tell in the pic, but huge line ups, it was jammed up front




Furball aisle, my teeth felt cleaner just standing here:


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#8053106 - 01/20/15 01:51 PM Re: target closing in canada [Re: Risky Business]
LNXGUY Moderator Offline
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Vas, are those Sonicares onsale? lol I want one.
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#8053125 - 01/20/15 01:56 PM Re: target closing in canada [Re: LNXGUY]
TheRealCSnapper Moderator Offline
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GC Asian or not, i like shopping at Loblaws. the one in my hood is clean, close by, free parking if i don't feel like walking 300M, and most importnatly, no riff raffs. i guess it's a "pay to play" on a smaller scale lol
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#8053134 - 01/20/15 01:59 PM Re: target closing in canada [Re: TheRealCSnapper]
Euphoricuck Offline
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Registered: 11/05/03
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there is riff raff at other stores?

its not chinatown common
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#8053153 - 01/20/15 02:05 PM Re: target closing in canada [Re: Euphoricuck]
Senor Eduardo_82 Offline
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lol common
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#8053155 - 01/20/15 02:06 PM Re: target closing in canada [Re: Euphoricuck]
TheRealCSnapper Moderator Offline
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 Originally Posted By: Euphoric
there is riff raff at other stores?

its not chinatown common


dude. the "nicer" No Frills on Dundas & Landsdowne is riff raff central.

I don't even want to talk about the one on King and Jameson. I'm too much of a prissy bitch to shop there.

Nothing beats the Liberty Village Metro on a Saturday afternoon after a Yoga class. it's a full on yoga pants ASSault.

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#8053165 - 01/20/15 02:10 PM Re: target closing in canada [Re: TheRealCSnapper]
Senor Eduardo_82 Offline
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Shopping at Metro is like shopping at a giant gas station. I hate that place.

Fortinos or die.

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#8053175 - 01/20/15 02:14 PM Re: target closing in canada [Re: TheRealCSnapper]
LNXGUY Moderator Offline
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Registered: 08/06/00
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 Originally Posted By: c_snapper
 Originally Posted By: Euphoric
there is riff raff at other stores?

its not chinatown common


dude. the "nicer" No Frills on Dundas & Landsdowne is riff raff central.

I don't even want to talk about the one on King and Jameson. I'm too much of a prissy bitch to shop there.

Nothing beats the Liberty Village Metro on a Saturday afternoon after a Yoga class. it's a full on yoga pants ASSault.


I might have to do my grocery shopping in Toronto.
_________________________
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The GN would OWN you, your children and your children's children.
'09 E90 335d

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#8053201 - 01/20/15 02:22 PM Re: target closing in canada [Re: LNXGUY]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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Loc: Toronto, Canada
 Originally Posted By: LNXGUY
 Originally Posted By: c_snapper
 Originally Posted By: Euphoric
there is riff raff at other stores?

its not chinatown common


dude. the "nicer" No Frills on Dundas & Landsdowne is riff raff central.

I don't even want to talk about the one on King and Jameson. I'm too much of a prissy bitch to shop there.

Nothing beats the Liberty Village Metro on a Saturday afternoon after a Yoga class. it's a full on yoga pants ASSault.


I might have to do my grocery shopping in Toronto.


grocery shopping with a boner...not as cracked up as it sounds.

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#8053202 - 01/20/15 02:23 PM Re: target closing in canada [Re: TheRealCSnapper]
LNXGUY Moderator Offline
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Registered: 08/06/00
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I will strap it to my leg!
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The GN would OWN you, your children and your children's children.
'09 E90 335d

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#8053469 - 01/20/15 04:00 PM Re: target closing in canada [Re: LNXGUY]
Euphoricuck Offline
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metro is garbage
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#8053472 - 01/20/15 04:01 PM Re: target closing in canada [Re: Senor Eduardo_82]
JEFFOS Offline
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Registered: 01/27/00
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 Originally Posted By: eddie _82
Shopping at Metro is like shopping at a giant gas station. I hate that place.

Fortinos or die.



Longos man. Or even starskys sometimes is awesome.
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#8053492 - 01/20/15 04:07 PM Re: target closing in canada [Re: TheRealCSnapper]
furball Offline
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Registered: 09/24/03
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Time to hide merchandise.
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#8053514 - 01/20/15 04:17 PM Re: target closing in canada [Re: furball]
titty sprinkles Online   pandAr
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fortinos in maple on a sunday morning...holy milf central.



Edited by titty sprinkles (01/20/15 04:19 PM)
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#8053552 - 01/20/15 04:43 PM Re: target closing in canada [Re: titty sprinkles]
Hatorade Offline
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Registered: 11/05/99
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T&T on a sunday morning...holy FOB central batman!!!
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I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8053913 - 01/20/15 08:16 PM Re: target closing in canada [Re: Hatorade]
4Three Offline
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when ISN'T it FOB central? But still T&T > foody. i literally want to end my life any time i have to go there.
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#8053928 - 01/20/15 08:25 PM Re: target closing in canada [Re: 4Three]
Hatorade Offline
pheggit
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Registered: 11/05/99
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I go to foody in the evening that's when its not a fucking zoo. Otherwise, you're right I want to end myself too!
_________________________

'07 997.1 GT3
'08 E90 M3
'11 E90 d
'02 Rota Grid - 195-55-16FR (RIP)
'04 Volk GTC - 245-35-19F/275-35-19R (Sold to a farm boi)
I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8054125 - 01/20/15 09:34 PM Re: target closing in canada [Re: Hatorade]
Euphoricuck Offline
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Registered: 11/05/03
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M - Thursday after dinner = money at most grocery stores.
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#8054170 - 01/20/15 09:53 PM Re: target closing in canada [Re: Euphoricuck]
loudsubz Offline
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Registered: 08/16/01
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Loc: Ontario, Canada
^ yup

we try to go as soon as I'm home from work so we miss the after dinner crowd. Good old shopping at freshco lol

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#8054208 - 01/20/15 10:19 PM Re: target closing in canada [Re: loudsubz]
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I go during my lunch, in and out in under 30 mins. Fuck dealing with that shit in your spare time outside of work.
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#8054240 - 01/20/15 10:42 PM Re: target closing in canada [Re: Risky Business]
Euphoricuck Offline
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Registered: 11/05/03
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So your fresh groceries sit in your car all day?
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#8054265 - 01/20/15 11:03 PM Re: target closing in canada [Re: Risky Business]
iamfob Offline
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Registered: 09/06/02
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 Originally Posted By: Rinky Business
I go during my lunch, in and out in under 30 mins. Fuck dealing with that shit in your spare time outside of work.


Where do you put the groceries? I guess it's cold enough in the winter months but summer months? Hell no!
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#8054405 - 01/21/15 06:37 AM Re: target closing in canada [Re: iamfob]
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I park in a climate controlled garage at work, in some cases I've brought in items and put them in the fridge. Most stuff you buy will be fine anyway.
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#8054408 - 01/21/15 06:47 AM Re: target closing in canada [Re: titty sprinkles]
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 Originally Posted By: titty sprinkles
fortinos in maple on a sunday morning...holy milf central.



I love that location

fawwwwwk.
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#8054423 - 01/21/15 07:20 AM Re: target closing in canada [Re: Risky Business]
furball Offline
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Registered: 09/24/03
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Loc: Toronto, ON
Vas does the grocery shopping ... Oh shit wat dat coupon clipping savings do doe

 Originally Posted By: Rinky Business
I park in a climate controlled garage at work, in some cases I've brought in items and put them in the fridge. Most stuff you buy will be fine anyway.

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#8054431 - 01/21/15 07:27 AM Re: target closing in canada [Re: Euphoricuck]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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 Originally Posted By: Euphoric
So your fresh groceries sit in your car all day?


i'm sure if needs be, he'll just bring it in to a fridge at work....but for now, the car is way better than the fridge, tho not really in a climate controlled garage

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#8054452 - 01/21/15 08:10 AM Re: target closing in canada [Re: furball]
Risky Business Offline
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 Originally Posted By: furball
Vas does the grocery shopping ... Oh shit wat dat coupon clipping savings do doe

 Originally Posted By: Rinky Business
I park in a climate controlled garage at work, in some cases I've brought in items and put them in the fridge. Most stuff you buy will be fine anyway.




We definitely splurge on food, wat dat organic, local, non gmo food do doe?

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#8054458 - 01/21/15 08:17 AM Re: target closing in canada [Re: Risky Business]
furball Offline
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Registered: 09/24/03
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Loc: Toronto, ON
Oh right, buying entire wheels of high-end cheeses out of a truck!

 Originally Posted By: Rinky Business


We definitely splurge on food, wat dat organic, local, non gmo food do doe?

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#8054548 - 01/21/15 09:21 AM Re: target closing in canada [Re: furball]
TheRealCSnapper Moderator Offline
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i've bought truck cheese before.

best $30 i've ever spent.

Manchago on EVERYTHING for 3 months.

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#8054588 - 01/21/15 09:34 AM Re: target closing in canada [Re: TheRealCSnapper]
Screamin Type ARGH! Offline
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y'all ngga's make me laugh.
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#8054601 - 01/21/15 09:38 AM Re: target closing in canada [Re: TheRealCSnapper]
Senor Eduardo_82 Offline
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Registered: 01/09/03
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 Originally Posted By: c_snapper
i've bought truck cheese before.

best $30 i've ever spent.

Manchago on EVERYTHING for 3 months.


<3 me some goat cheese.

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#8055378 - 01/21/15 02:43 PM Re: target closing in canada [Re: Senor Eduardo_82]
4age Offline
XD XD XD XD
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Registered: 09/11/01
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hahaha complaining about grocery shopping.
That's what grocery gateway is for, son!!!!
Delivered to your door! Total time spent: 5 minutes making order online \:D
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XD XD XD XD

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#8055393 - 01/21/15 02:48 PM Re: target closing in canada [Re: 4age]
SuPeR-MaRiO Offline
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Registered: 06/28/01
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And Walmart will be launching their online groceries very soon as well
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#8055396 - 01/21/15 02:49 PM Re: target closing in canada [Re: SuPeR-MaRiO]
SuPeR-MaRiO Offline
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Registered: 06/28/01
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Luckily the grocery stores by me are open til 10pm. I've often gone late in the evening. It sucks when you get home late from work every day \:\(
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#8055411 - 01/21/15 02:57 PM Re: target closing in canada [Re: SuPeR-MaRiO]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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i read somewhere that Loblaws will also have a drive through style order ahead and pick up...tho it won't matter to you guys since y'all hate loblaws.
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#8055412 - 01/21/15 02:57 PM Re: target closing in canada [Re: 4age]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
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 Originally Posted By: 4age
hahaha complaining about grocery shopping.
That's what grocery gateway is for, son!!!!
Delivered to your door! Total time spent: 5 minutes making order online \:D
\:\|
_________________________

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#8055414 - 01/21/15 02:58 PM Re: target closing in canada [Re: SuPeR-MaRiO]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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 Originally Posted By: SuPeR-MaRiO
Luckily the grocery stores by me are open til 10pm. I've often gone late in the evening. It sucks when you get home late from work every day \:\(


when i lived in Liberty Village, I would shop in the middle of the night if i can't sleep. aside from no deli, it's the most amazing thing ever.

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#8055439 - 01/21/15 03:08 PM Re: target closing in canada [Re: TheRealCSnapper]
titty sprinkles Online   pandAr
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Registered: 08/22/05
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 Originally Posted By: c_snapper
i read somewhere that Loblaws will also have a drive through style order ahead and pick up...tho it won't matter to you guys since y'all hate loblaws.


loblaws is great, it's just friggin expensive.

and the pricks had me go on like 4 interviews and never hired me when i was 16


Edited by titty sprinkles (01/21/15 03:09 PM)
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#8055440 - 01/21/15 03:09 PM Re: target closing in canada [Re: titty sprinkles]
Screamin Type ARGH! Offline
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 Originally Posted By: titty sprinkles
 Originally Posted By: c_snapper
i read somewhere that Loblaws will also have a drive through style order ahead and pick up...tho it won't matter to you guys since y'all hate loblaws.


loblaws is great, it's just friggin expensive.


yeah the one on high tech rd. in r/hill has it...we got there sometimes (not using that tho). it's like 4 parking spaces with this rig setup, you pull in, press the button, give them your pickup# (which u got online earlier when you did your shopping), and bam...staff roll custom carts out with your goods, load them into your car.
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#8055449 - 01/21/15 03:12 PM Re: target closing in canada [Re: Screamin Type ARGH!]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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Loc: Toronto, Canada
 Originally Posted By: Screamin DC2R
 Originally Posted By: titty sprinkles
 Originally Posted By: c_snapper
i read somewhere that Loblaws will also have a drive through style order ahead and pick up...tho it won't matter to you guys since y'all hate loblaws.


loblaws is great, it's just friggin expensive.


yeah the one on high tech rd. in r/hill has it...we got there sometimes (not using that tho). it's like 4 parking spaces with this rig setup, you pull in, press the button, give them your pickup# (which u got online earlier when you did your shopping), and bam...staff roll custom carts out with your goods, load them into your car.


i'm okay with paying extra for that!

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#8055464 - 01/21/15 03:20 PM Re: target closing in canada [Re: TheRealCSnapper]
Euphoricuck Offline
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Registered: 11/05/03
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because you are so pressed for time?
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#8055481 - 01/21/15 03:24 PM Re: target closing in canada [Re: TheRealCSnapper]
furball Offline
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Registered: 09/24/03
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Loc: Toronto, ON
You moved?

 Originally Posted By: c_snapper
when i lived in Liberty Village

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#8055504 - 01/21/15 03:30 PM Re: target closing in canada [Re: Euphoricuck]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
 Originally Posted By: Euphoric
because you are so pressed for time?


not really. but why deal with grocery stores when i can be masturbating or doing ANYTHING BUT

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#8055510 - 01/21/15 03:31 PM Re: target closing in canada [Re: furball]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
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Loc: Toronto, Canada
 Originally Posted By: furball
You moved?

 Originally Posted By: c_snapper
when i lived in Liberty Village


Nope.

Fort York in 06
LV in 07
King West since 08

i'm not ghetto enough to live in LV now.

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#8055562 - 01/21/15 03:45 PM Re: target closing in canada [Re: TheRealCSnapper]
titty sprinkles Online   pandAr
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Registered: 08/22/05
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when the kid was born i did grocery gateway a few times. was nice to get groceries at your door.
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#8055618 - 01/21/15 04:12 PM Re: target closing in canada [Re: TheRealCSnapper]
Euphoricuck Offline
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Registered: 11/05/03
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Loc: Canadistan
 Originally Posted By: c_snapper
 Originally Posted By: Euphoric
because you are so pressed for time?


not really. but why deal with grocery stores when i can be masturbating or doing ANYTHING BUT
but you can masturbate in the grocery store
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#8073475 - 02/02/15 01:51 PM Re: target closing in canada [Re: Euphoricuck]
furball Offline
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http://www.blogto.com/fashion_style/2015/02/leaked_info_says_target_will_start_liquidation_thursday/
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#8073535 - 02/02/15 02:23 PM Re: target closing in canada [Re: furball]
JEFFOS Offline
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Registered: 01/27/00
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Anything good will be set aside or already purchased by the former employees fo sho
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#8073698 - 02/02/15 04:10 PM Re: target closing in canada [Re: JEFFOS]
iamfob Offline
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Registered: 09/06/02
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I don't think there are any good merchandises left in store. I was at the Target near my house yesterday, half the store is empty. The empty shelves were moved to the back of the wall of each department. It's pretty sad scene.
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#8074764 - 02/03/15 09:56 AM Re: target closing in canada [Re: iamfob]
LNXGUY Moderator Offline
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Registered: 08/06/00
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Barrie store is still loaded from what I saw the other day.
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The GN would OWN you, your children and your children's children.
'09 E90 335d

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#8074849 - 02/03/15 10:22 AM Re: target closing in canada [Re: LNXGUY]
Screamin Type ARGH! Offline
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yeah stock is limited for most good stuff or well, things wifey and i wanted, also for the baby. we were at Hillcrest one last wkend sunday and picked up a couple things left over. i can see it being barebones by thursday night/fri night for sure.
_________________________

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#8078429 - 02/05/15 08:07 AM Re: target closing in canada [Re: Screamin Type ARGH!]
furball Offline
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Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
55" 4k TV @ $450 \:o


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#8078432 - 02/05/15 08:08 AM Re: target closing in canada [Re: furball]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
<waits for CSI:ON to come back with two Sonicare toothbrushes>
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#8078436 - 02/05/15 08:14 AM Re: target closing in canada [Re: furball]
Screamin Type ARGH! Offline
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lol, line ups already
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#8078446 - 02/05/15 08:25 AM Re: target closing in canada [Re: furball]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
 Originally Posted By: furball
55" 4k TV @ $450 \:o



that tv is a pos and was that price around xmas holidays
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#8078500 - 02/05/15 08:55 AM Re: target closing in canada [Re: Euphoricuck]
JEFFOS Offline
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Registered: 01/27/00
Posts: 29150
Loc: Toronto
The stores should all be getting packed now as they just said full speed ahead pack it up.

The more they sell now they make more money as for liquidation they will continue to drop prices more over time to ensure they are clean by D day
_________________________
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#8078638 - 02/05/15 09:58 AM Re: target closing in canada [Re: JEFFOS]
Lost^
Unregistered



are video games on sale?
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#8078661 - 02/05/15 10:10 AM Re: target closing in canada [Re: ]
SuPeR-MaRiO Offline
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Registered: 06/28/01
Posts: 6118
Loc: Toronto, Ontario
I can only imagine the threads/posts on RFD
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#8078673 - 02/05/15 10:13 AM Re: target closing in canada [Re: SuPeR-MaRiO]
porschetr Offline
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Registered: 05/15/01
Posts: 23391
Loc: WBridge
 Originally Posted By: SuPeR-MaRiO
I can only imagine the threads/posts on RFD


Holy 161 pages! \:o

 Quote:
So, I'm one of the losers who got up early to go check it out. I had nothing specific in mind to buy, but thought if I saw a good deal, I'd take advantage.
(I went to the Stockyards location in Toronto)

What a bust! Such a disappointment...don't waste your time. Almost as disappointing as the first time I went into a Target Canada store a couple years ago.

I didn't see a single item of interest that was labelled as 30% off...mostly 10 and 20%... Shelves clearly picked over. Line up at the cash register was annoying because their computer system is so slow that scanning each item took about 30 seconds...so do the math.

The only good thing that happened was a couple items didn't scan, so the "manager" was called over and he asked me if I knew the price, and I couldn't remember...so he guessed at $9.99...when I told him I'm pretty sure it was closer to $20....he didn't care he was too busy. The cashier joked with me afterwards, she didn't care either because she's out of a job anyways!

So, if you go, and the item you want doesn't happen to have a bar code when you get to the cash, you might just get an extra deal. If that doesn't happen, you may have just wasted some of your precious time.
_________________________



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#8078695 - 02/05/15 10:21 AM Re: target closing in canada [Re: porschetr]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
somehow i don't want to jump into this hype to save a couple bucks because Target fucked Canada so hard

17000 jobs disappeared
Billions of dollars owed to the Gov't

so i can save $20 on a toaster

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#8078714 - 02/05/15 10:30 AM Re: target closing in canada [Re: TheRealCSnapper]
Risky Business Offline
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Registered: 05/17/10
Posts: 44790
I am certain that net/net Target's move into Canada was cash positive for the population and government by a LONG shot. The only real loser here is Target themselves, we as a society benefited from their own short sightedness and they financed it.

Just because stores are closing now you can't ignore the cash/tax generated for property management companies for store and office locations, property taxes, income taxes, and HST paid, construction companies for leasehold improvements and on going maintenance, 17k employees who were paid for 2+ years and generated payroll tax revenue, distribution companies for turning over stock and warehousing product and their respective employees, hydro/utilities utilized by Target, and on and on and on.

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#8078948 - 02/05/15 12:02 PM Re: target closing in canada [Re: Risky Business]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
But... think of all those people who picked up those Sonicares at a steal! Fuuuuuck... their teeth would feel so clean.


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#8078956 - 02/05/15 12:06 PM Re: target closing in canada [Re: furball]
Risky Business Offline
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Went to the hillcrest mall location at lunch with no intention of buying anything...

What has been seen cannot be unseen People become total scum over 70 cents. If i had an AK47 I would consider emptying it out on everyone in there...yea i said it.

If anyone is into shoplifting, this is your time to go.

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#8078957 - 02/05/15 12:07 PM Re: target closing in canada [Re: porschetr]
Screamin Type ARGH! Offline
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Registered: 02/20/01
Posts: 47669
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Holy 161 pages! \:o

 Quote:
So, I'm one of the losers who got up early to go check it out. I had nothing specific in mind to buy, but thought if I saw a good deal, I'd take advantage.
(I went to the Stockyards location in Toronto)

What a bust! Such a disappointment...don't waste your time. Almost as disappointing as the first time I went into a Target Canada store a couple years ago.

I didn't see a single item of interest that was labelled as 30% off...mostly 10 and 20%... Shelves clearly picked over. Line up at the cash register was annoying because their computer system is so slow that scanning each item took about 30 seconds...so do the math.

The only good thing that happened was a couple items didn't scan, so the "manager" was called over and he asked me if I knew the price, and I couldn't remember...so he guessed at $9.99...when I told him I'm pretty sure it was closer to $20....he didn't care he was too busy. The cashier joked with me afterwards, she didn't care either because she's out of a job anyways!

So, if you go, and the item you want doesn't happen to have a bar code when you get to the cash, you might just get an extra deal. If that doesn't happen, you may have just wasted some of your precious time.


wifey's friend told her same thing. EXACTLY as I/we thought it'd play out fucking wallys. why bother.
_________________________

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#8079092 - 02/05/15 01:00 PM Re: target closing in canada [Re: Risky Business]
Senor Eduardo_82 Offline
miataist
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Registered: 01/09/03
Posts: 38036
Loc: Ca�ada
 Originally Posted By: c_snapper
somehow i don't want to jump into this hype to save a couple bucks because Target fucked Canada so hard

17000 jobs disappeared
Billions of dollars owed to the Gov't

so i can save $20 on a toaster


This guy gets it!



 Originally Posted By: Rinky Business
I am certain that net/net Target's move into Canada was cash positive for the population and government by a LONG shot. The only real loser here is Target themselves, we as a society benefited from their own short sightedness and they financed it.

Just because stores are closing now you can't ignore the cash/tax generated for property management companies for store and office locations, property taxes, income taxes, and HST paid, construction companies for leasehold improvements and on going maintenance, 17k employees who were paid for 2+ years and generated payroll tax revenue, distribution companies for turning over stock and warehousing product and their respective employees, hydro/utilities utilized by Target, and on and on and on.


Very analysis. Such TLDR. Amaze

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#8079116 - 02/05/15 01:14 PM Re: target closing in canada [Re: Senor Eduardo_82]
Risky Business Offline
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Registered: 05/17/10
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#8079127 - 02/05/15 01:22 PM Re: target closing in canada [Re: Risky Business]
TheRealCSnapper Moderator Offline
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Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
 Originally Posted By: Rinky Business
I am certain that net/net Target's move into Canada was cash positive for the population and government by a LONG shot. The only real loser here is Target themselves, we as a society benefited from their own short sightedness and they financed it.

Just because stores are closing now you can't ignore the cash/tax generated for property management companies for store and office locations, property taxes, income taxes, and HST paid, construction companies for leasehold improvements and on going maintenance, 17k employees who were paid for 2+ years and generated payroll tax revenue, distribution companies for turning over stock and warehousing product and their respective employees, hydro/utilities utilized by Target, and on and on and on.


true, but it seems like what Target giveth, Target taketh away!

http://globalnews.ca/news/1790027/target-canada-owes-tens-of-millions-in-unpaid-taxes-rent/

Chapman’s Ice Cream is owed $19,987. Coca-Cola Canada is hoping to recoup at least a portion of the $339,699 owed to it by Target Canada, which filed for bankruptcy protection last week.

The City of Winnipeg is owed more than $14,000, while Target’s Canadian arm is in arrears with the central Ontario city of Barrie to the tune of nearly $195,000.

A 45-page document included in the U.S. retail giant’s Canadian filing last week reveals a very—very—long list of companies, suppliers, landlords even municipalities and governments that the departing department store chain owes billions to.

All told, Target Canada owed roughly $5 billion to creditors when it filed for bankruptcy under the Companies’ Creditors Arrangement Act in an Ontario court last Thursday. That amount makes it likely one of the largest bankruptcies in Canadian history, experts suggest, certainly in the retail industry.

“It’s got to be one of the bigger ones, in terms of the size of the debt,” a lawyer source said, asking not to be named because her firm is part of the proceedings.

Target also owes landlords and governments sizable amounts of money. Hillcrest Mall Management Inc., a property company in Ontario who owns the real estate housing at least one Target store, is owed $1.7 million.

The Canada Revenue Agency and provincial governments are similarly owed millions in taxes. Target Canada’s unpaid tax bill from the CRA is $12 million. The B.C. and Quebec governments are owed $2.6 million and $6.5 million, respectively.

“You charge your customers HST on behalf of the government, with the idea you’re supposed to remit that over,” Vanessa Ibe, a lawyer at Toronto-based Rosenbaum & Frank, said.

But a bankruptcy filing freezes out all creditors from collecting on what they’re owed until a judge approves a repayment plan.

Liquidation

Target Canada lists the value of its assets as being about the same as its liabilities, with its 137 store leases as well as merchandise inventory and some real estate set to be sold off very soon.

The proceeds from those sales will go to paying off creditors, though it’s far from certain whether the money it gets will be enough to pay 100 cents on the dollar of what it owes.

Lawyers for the Canadian arm of the U.S. department store chain have until mid-February to file details about how the failed chain will pay its creditors.

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#8079147 - 02/05/15 01:34 PM Re: target closing in canada [Re: TheRealCSnapper]
iamfob Offline
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Registered: 09/06/02
Posts: 24697
Loc: Out There
5 billions dollars. Damn son.

Again I am not sorry for them not doing the homeworks and research before opening shops in Canada. But I really like shopping in the US Target over US Walmart.
_________________________
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#8079195 - 02/05/15 02:02 PM Re: target closing in canada [Re: Risky Business]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
 Originally Posted By: Rinky Business
I am certain


Edited by furball (02/05/15 02:02 PM)

Top
#8079270 - 02/05/15 02:37 PM Re: target closing in canada [Re: TheRealCSnapper]
Risky Business Offline
Provides a Great Work Environment. he/him
Post Master Supreme


Registered: 05/17/10
Posts: 44790
 Originally Posted By: c_snapper
 Originally Posted By: Rinky Business
I am certain that net/net Target's move into Canada was cash positive for the population and government by a LONG shot. The only real loser here is Target themselves, we as a society benefited from their own short sightedness and they financed it.

Just because stores are closing now you can't ignore the cash/tax generated for property management companies for store and office locations, property taxes, income taxes, and HST paid, construction companies for leasehold improvements and on going maintenance, 17k employees who were paid for 2+ years and generated payroll tax revenue, distribution companies for turning over stock and warehousing product and their respective employees, hydro/utilities utilized by Target, and on and on and on.


true, but it seems like what Target giveth, Target taketh away!

http://globalnews.ca/news/1790027/target-canada-owes-tens-of-millions-in-unpaid-taxes-rent/

Chapman’s Ice Cream is owed $19,987. Coca-Cola Canada is hoping to recoup at least a portion of the $339,699 owed to it by Target Canada, which filed for bankruptcy protection last week.

The City of Winnipeg is owed more than $14,000, while Target’s Canadian arm is in arrears with the central Ontario city of Barrie to the tune of nearly $195,000.

A 45-page document included in the U.S. retail giant’s Canadian filing last week reveals a very—very—long list of companies, suppliers, landlords even municipalities and governments that the departing department store chain owes billions to.

All told, Target Canada owed roughly $5 billion to creditors when it filed for bankruptcy under the Companies’ Creditors Arrangement Act in an Ontario court last Thursday. That amount makes it likely one of the largest bankruptcies in Canadian history, experts suggest, certainly in the retail industry.

“It’s got to be one of the bigger ones, in terms of the size of the debt,” a lawyer source said, asking not to be named because her firm is part of the proceedings.

Target also owes landlords and governments sizable amounts of money. Hillcrest Mall Management Inc., a property company in Ontario who owns the real estate housing at least one Target store, is owed $1.7 million.

The Canada Revenue Agency and provincial governments are similarly owed millions in taxes. Target Canada’s unpaid tax bill from the CRA is $12 million. The B.C. and Quebec governments are owed $2.6 million and $6.5 million, respectively.

“You charge your customers HST on behalf of the government, with the idea you’re supposed to remit that over,” Vanessa Ibe, a lawyer at Toronto-based Rosenbaum & Frank, said.

But a bankruptcy filing freezes out all creditors from collecting on what they’re owed until a judge approves a repayment plan.

Liquidation

Target Canada lists the value of its assets as being about the same as its liabilities, with its 137 store leases as well as merchandise inventory and some real estate set to be sold off very soon.

The proceeds from those sales will go to paying off creditors, though it’s far from certain whether the money it gets will be enough to pay 100 cents on the dollar of what it owes.

Lawyers for the Canadian arm of the U.S. department store chain have until mid-February to file details about how the failed chain will pay its creditors.


This is why I hate the media, they only list enough b.s. to stir emotion, never provide context and let the layman run the rumour mill.

If you look at their list of creditors, do you want to guess who they owe the most amount of money to? Themselves, their intercompany loan to the parent company is over $3B.

CRA is only owed 12M.




 Originally Posted By: furball
 Originally Posted By: Rinky Business
I am certain


110%

You looking for a bitch slap? ;\)

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#8080415 - 02/06/15 09:20 AM Re: target closing in canada [Re: Risky Business]
LNXGUY Moderator Offline
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Registered: 08/06/00
Posts: 106969
Loc: Barrie, Ont,
My city is now bankrupt, thanks Obama!
_________________________
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The GN would OWN you, your children and your children's children.
'09 E90 335d

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#8080582 - 02/06/15 10:39 AM Re: target closing in canada [Re: LNXGUY]
TheRealCSnapper Moderator Offline
Post Master Supreme


Registered: 12/05/02
Posts: 31955
Loc: Toronto, Canada
 Originally Posted By: LNXGUY
My city is now bankrupt, thanks Obama!


your city has been morally bankrupt since the day you arrived.

:p

<3

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#8081772 - 02/06/15 07:35 PM Re: target closing in canada [Re: TheRealCSnapper]
TYJelly Offline
Post Master


Registered: 08/02/07
Posts: 2160
Loc: Milton, ON
I popped into the Miltonia one mid-day yesterday. Place was a zoo. Big 'Up to 30% off' signs everywhere. I inquired about some kids toys and they're only 10% off. Most stuff was 10% off, no real deals to be had on anything decent. Don't bother going until they get really desperate to liquidate.
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#8082114 - 02/07/15 12:14 AM Re: target closing in canada [Re: TYJelly]
JEFFOS Offline
Post Master Supreme


Registered: 01/27/00
Posts: 29150
Loc: Toronto
Yup it's a smart liquidation strategy . No point in giving away everything now
_________________________
-Jeff

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#8082666 - 02/07/15 04:35 PM Re: target closing in canada [Re: TYJelly]
hyper-s2k Offline
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Registered: 12/01/05
Posts: 14556
Loc: T dot O dot, Canada
Happy to pick up the last 2 boxes of Lego Movie lego sets for 20% off.

We needed regular consumables like TP, paper towels, disinfectant wipes, etc., so I don't mind the 10%.

Will go back for more when they hike up the discount rate.


Kids clothes were picked pretty clean - according to the wife; typical sizes left are S and XL. lol nothing that would fit my kids.
_________________________
'08 //M3 - now @ 90,xxx km - wtf did i do?
'13 x1 - now @ 99,xxx km - a2b car
'10 x3 - now @ 123,xxx km - time 2 go?
'03 s2k - now @ 80,xxx km - a2a car
'08 535i - sold @ 149,421 km - cashed out just in time!
'08 impreza 2.5i - sold @ - 64,147 km - smh POS
'01 rav4 - killed @ 155,879 km - RIP old friend

"Driving in the snow is like sex. If you want to avoid accidents, abstinence is the best policy. If you're gonna take her for a spin, use protection." - Rick Mercer

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#8083256 - 02/08/15 12:18 PM Re: target closing in canada [Re: hyper-s2k]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
The cosmetics aisles were a zoo...

The party consumables (cups, napkins, etc) were about the only thing at 30% off I saw...

Cashier lines were just... sad looking. 10+ employees standing around, not many people lining up ...


Edited by furball (02/08/15 12:18 PM)

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#8083889 - 02/08/15 09:24 PM Re: target closing in canada [Re: furball]
hyper-s2k Offline
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Registered: 12/01/05
Posts: 14556
Loc: T dot O dot, Canada
^ which location? the one we were at was packed on saturday -- we were in a line with 10-15 people ahead but w/ all tills open, it moved pretty quickly.
_________________________
'08 //M3 - now @ 90,xxx km - wtf did i do?
'13 x1 - now @ 99,xxx km - a2b car
'10 x3 - now @ 123,xxx km - time 2 go?
'03 s2k - now @ 80,xxx km - a2a car
'08 535i - sold @ 149,421 km - cashed out just in time!
'08 impreza 2.5i - sold @ - 64,147 km - smh POS
'01 rav4 - killed @ 155,879 km - RIP old friend

"Driving in the snow is like sex. If you want to avoid accidents, abstinence is the best policy. If you're gonna take her for a spin, use protection." - Rick Mercer

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#8103561 - 02/22/15 05:36 PM Re: target closing in canada [Re: hyper-s2k]
f22b-dohc Offline
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Registered: 09/09/05
Posts: 11227
Loc: canadia
Completed my ff bluray... 6 bucks for tokyo driff

40 off movies and shites
_________________________
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#8104091 - 02/23/15 10:33 AM Re: target closing in canada [Re: f22b-dohc]
phoenixrage Offline
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Registered: 01/15/08
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movies on physical media?.. da fuq
_________________________
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#8104183 - 02/23/15 11:43 AM Re: target closing in canada [Re: phoenixrage]
furball Offline
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Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON


I don't even know wtf to do with my old movies I had on DVD \:\| Feels like such a waste to dump/donate them... That shit used to cost $20-40 each! \:o

I feel for the suckers that bought BR discs...

 Originally Posted By: phoenixrage
movies on physical media?.. da fuq

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#8104695 - 02/23/15 06:20 PM Re: target closing in canada [Re: furball]
f22b-dohc Offline
Post Master Supreme


Registered: 09/09/05
Posts: 11227
Loc: canadia
 Originally Posted By: furball


I don't even know wtf to do with my old movies I had on DVD \:\| Feels like such a waste to dump/donate them... That shit used to cost $20-40 each! \:o

I feel for the suckers that bought BR discs...

 Originally Posted By: phoenixrage
movies on physical media?.. da fuq


I like seeing Dolby, dts hd master blah blah light up on my receiver
_________________________
JB weld is your friend
Chewbacca makes me yawn *Yawn*
"rolling -----on my 2.0, with the rag top down so my hair can blow..."


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#8104703 - 02/23/15 06:24 PM Re: target closing in canada [Re: f22b-dohc]
Hatorade Offline
pheggit
Post Master Supreme


Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
 Originally Posted By: f22b-dohc
 Originally Posted By: furball


I don't even know wtf to do with my old movies I had on DVD \:\| Feels like such a waste to dump/donate them... That shit used to cost $20-40 each! \:o

I feel for the suckers that bought BR discs...

 Originally Posted By: phoenixrage
movies on physical media?.. da fuq


I like seeing Dolby, dts hd master blah blah light up on my receiver


Hmm all my downloaded content has the above encoded...
_________________________

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I thought Spark was a robot from the old movie and I kind of remember seeing him telling some engineer showing the equation for a clear metal that the guy would event years later - porschetr

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#8105107 - 02/24/15 08:12 AM Re: target closing in canada [Re: Hatorade]
Screamin Type ARGH! Offline
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#8105121 - 02/24/15 08:38 AM Re: target closing in canada [Re: Screamin Type ARGH!]
Euphoricuck Offline
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Registered: 11/05/03
Posts: 92703
Loc: Canadistan
I grabbed some beaver canoe track pants because white trash
_________________________

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#8105146 - 02/24/15 08:56 AM Re: target closing in canada [Re: Screamin Type ARGH!]
A2B-Lexus Offline
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Registered: 04/19/01
Posts: 45550
Loc: Raptors Land
 Originally Posted By: Screamin DC2R




lmao

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#8105156 - 02/24/15 09:05 AM Re: target closing in canada [Re: Screamin Type ARGH!]
spd-dmn Offline
Post Master


Registered: 11/24/04
Posts: 2271
 Originally Posted By: Screamin DC2R



\:D

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#8105572 - 02/24/15 01:03 PM Re: target closing in canada [Re: Hatorade]
f22b-dohc Offline
Post Master Supreme


Registered: 09/09/05
Posts: 11227
Loc: canadia
 Originally Posted By: Hatorade
 Originally Posted By: f22b-dohc
 Originally Posted By: furball


I don't even know wtf to do with my old movies I had on DVD \:\| Feels like such a waste to dump/donate them... That shit used to cost $20-40 each! \:o

I feel for the suckers that bought BR discs...

 Originally Posted By: phoenixrage
movies on physical media?.. da fuq


I like seeing Dolby, dts hd master blah blah light up on my receiver


Hmm all my downloaded content has the above encoded...


pass me some hatorade

i cant be bothered Dl'ing. - i stream and 2 channel is ok; but if i like the movie i'll buy the blueray for the hell of it and blast it.
_________________________
JB weld is your friend
Chewbacca makes me yawn *Yawn*
"rolling -----on my 2.0, with the rag top down so my hair can blow..."


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#8105632 - 02/24/15 01:31 PM Re: target closing in canada [Re: f22b-dohc]
phoenixrage Offline
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Registered: 01/15/08
Posts: 50785
Loc: People's Republic of Ontario
Pft.. scrub
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Don't question things, everything is good the way it is and no improvements or suggestions needed.

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#8106174 - 02/24/15 08:31 PM Re: target closing in canada [Re: phoenixrage]
f22b-dohc Offline
Post Master Supreme


Registered: 09/09/05
Posts: 11227
Loc: canadia
What u guys think? Lg pb56 60 inch

639.99 less 5% daily tv..yay nay? Replace 8 year old 42 plasma

I wanted 50 4k < 1000 but don't see a benefit yet..


Edited by f22b-dohc (02/24/15 08:32 PM)
_________________________
JB weld is your friend
Chewbacca makes me yawn *Yawn*
"rolling -----on my 2.0, with the rag top down so my hair can blow..."


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#8106190 - 02/24/15 08:47 PM Re: target closing in canada [Re: f22b-dohc]
phoenixrage Offline
Post Master Supreme


Registered: 01/15/08
Posts: 50785
Loc: People's Republic of Ontario
how does the pb56 compare to pb66 ?

http://www.canadacomputers.com/product_info.php?cPath=238_1209_240&item_id=074461
_________________________
Don't question things, everything is good the way it is and no improvements or suggestions needed.

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#8106556 - 02/25/15 09:04 AM Re: target closing in canada [Re: phoenixrage]
furball Offline
Post Master Sr


Registered: 09/24/03
Posts: 9485
Loc: Toronto, ON
It's official... $5.1B to exit..

http://www.businessinsider.com/target-q4-earnings-2015-2

 Quote:
On January 14, 2015, following a comprehensive assessment of Canadian operations, Target’s Board of Directors approved a plan to discontinue operating stores in Canada. As a result of the decision, Target recorded a pretax impairment loss and other charges of $(5,105) million in fourth quarter 2014. After-tax losses from discontinued operations were $(3,600) million in fourth quarter, or $(5.59) per share, and $(4,085) million in full-year 2014, or $(6.38) per share.


Edited by furball (02/25/15 09:16 PM)

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#8106585 - 02/25/15 09:18 AM Re: target closing in canada [Re: furball]
Screamin Type ARGH! Offline
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Registered: 02/20/01
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that's nuts
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#8106604 - 02/25/15 09:26 AM Re: target closing in canada [Re: Screamin Type ARGH!]
Hatorade Offline
pheggit
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Registered: 11/05/99
Posts: 26894
Loc: Toronto, ON
Wow business plan
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#8107497 - 02/25/15 06:36 PM Re: target closing in canada [Re: phoenixrage]
f22b-dohc Offline
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Registered: 09/09/05
Posts: 11227
Loc: canadia
 Originally Posted By: phoenixrage
no idea

Thought u geeks would know; I'm out of the loop
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