Shoppers can expect their local Target Canada store to begin knocking down prices starting today, after the retailer received court approval to liquidate its stock.
Target spokeswoman Molly Snyder said discounts will take up to 30 per cent off regular prices. She said many Target stores have already stopped carrying perishables like milk, eggs and frozen foods.
The U.S.-based retailer announced last month that it would close all 133 of its Canadian stores and lay off more than 17,000 staff. Target opened its doors in Canada less than two years ago, after it purchased old Zellers locations, but failed to deliver on expectations sales never got off the ground.
