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Target's (TGT) push into Canada should deal a blow to Sears Canada (SHLD) and Hudson Bay,...

Target's (TGT) push into Canada should deal a blow to Sears Canada (SHLD) and Hudson Bay, according to retail watchers. The chain already has an excellent brand reputation in the nation with thousands of shoppers willing to cross the border to make Target runs. In its first wave of Canadian stores, the company will open outlets with less square footage than typical stores in the U.S.
Comments (1)
  • MSF INVESTMENTS
    , contributor
    Comments (4022) | Send Message
     
    Most of the real estate that Target will occupy will be sold or leased by Sears Holdings. Providing a cash flow for Eddie Lampert to invest in other cash flow investments.

     

    Also, Target does not sell appliances where Sears is dominant in that field, therefore, Sears does not need all that retail space and is smart in doing other things with the real estate.

     

    Massive squeeze imminent.
    10 Dec 2012, 08:03 AM Reply Like
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