Zellers Inc. is Canada's second-largest chain of mass merchandise discount stores, with locations in communities across Canada. A subsidiary of the Hudson's Bay Company (HBC), it has, as of August 1, 2012, 216 locations across the country.
In 2011, Target Corporation acquired the leaseholds of 189 Zellers stores (including locations being resold to other retailers) as the chain prepares to expand into Canada in 2013 and 2014. HBC will continue to operate these locations until at least early 2012, at which point they will close for renovations, with individual closing dates varying by location. HBC announced on July 26, 2012 that it will close most of the remaining 64 stores not acquired by Target and likely retire the Zellers banner from Canadian retail by March 31, 2013. – less