UPDATE: Target Canada’s liquidation sales are now underway, but the deals might not live up to what you expected.
The “going-out-of-business” sale is currently offering up to 30 per cent off everything* in store (yes, that’s an asterisk—”limited exclusions apply”). The good news is, as with most liquidations, the discounts will likely get better with time as the company becomes more eager to clear its inventory.
Target Canada will be closing its 133 Canadian stores as soon as possible.
The original story can be found below
We know you’re super excited to rake in Target’s closing store sales, but don’t line up just yet.
The retail chain will seek court approval this week to allow a group of liquidation companies to sell off the remaining contents of its Canadian stores, which means sales could begin as early as Thursday depending on when the order is granted. But that hasn’t stopped hordes of eager customers from already showing up at the stores expecting door-crasher deals.
Don’t be one of those people.
“The lineups are going all the way out into the hallway and even out the back entrance,” said one disappointed shopper in the video above. “It’s like Boxing Day, but there’s no sales,”
And we all know how much fun Boxing Day shopping is, even with the sales.
You won’t want to wait too long after the sales start either though, Target Canada is telling its employees that May 16 will be the day it ends its operations in Canada completely. Many stores could potentially close as that date approaches.
The company has more than 17,000 employees in Canada working at 133 locations. The first three Canadian stores opened on March 5, 2013.