t’s the news many shoppers have been waiting for: Target Canada liquidation sales are set to hit all stores this Thursday, according to internal company emails obtained by CBC News.
U.S.-based Target announced last month that it was closing its 133 stores in Canada and laying off about 17,600 employees. It is also seeking bankruptcy protection.
According to court records, the company aims to have court approval on Wednesday for a group of liquidation companies to oversee the sell-off of all store contents.
Target Canada prepares for liquidation
Target to close all 133 stores in Canada
"If the liquidation is approved by the court, Target Canada expects that liquidation would begin within a few days," Target spokeswoman Molly Snyder told CBC News in an email.
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