01-17-2015, 09:45 AM
(01-17-2015, 04:23 AM)TMKM94 Wrote: it would be a big opportunity for HBC to bring back Zellers... all HBC would really need to do is change the signs, uniforms and carts.
Really? And go head-to-head with Wal-Mart? Methinks not.
Unlike Target, Wal-Mart did succeed in Canada. Amazingly well. They were probably the main reason why Zellers went kaput. They're also a major reason why HBC itself is struggling and has been through several ownership changes and reorganizations since Wal-Mart came up here.
Zellers may have local roots and HBC national roots, but sentimentality shouldn't dictate business decisions. I doubt it factors into shoppers' decisions, especially at the low end of the budget spectrum where, er, "The lowest price is the law."
Do you really think HBC would stand a chance at a second chance against Wal-Mart?