Ok – brace yourself but we have a leak internally from Target canada that the liquidation will start this Thursday!
Be prepared for big discounts!
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.
“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.
However, internal company emails show Target Canada is gearing up to start the fire sale this Thursday.
‘Thursday will be like Black Friday.’– Target human resources employee in email to staff
According to the emails, the company predicts discount shoppers will rush the stores.
“We expect Thursday sales to double compared to a normal Thursday,” explains a Target Canada email sent to select staff on Jan. 30 about the start of liquidation sales.
Here is a link to the original article on CBC.
I will see you at Target!