Alright parents- this was one announcement we had to spread!
Last month we heard that Target Canada would be closing its 133 stores in Canada and laying off approximately 17,600 employees. Court records show that the company is aiming to have court approval this Wednesday for a group of liquidation companies to be responsible for selling off all of the stores' inventory. According to internal company emails, however, the liquidation sales are set to hit all stores this Thursday, February 5th.
"We expect Thursday sales to double compared to a normal Thursday" explains a Target Canada email sent to select staff about the start of liquidation sales.
"Thursday will be like Black Friday" says a senior human resources employee in an email, and calls for "all [cashier] lanes open through the weekend and all hands on deck".
It is expected that the sales will run for seven to eight weeks but ultimately everything must go, from all of the merchandise, to the store's furnishings, and even their equipment.
While Thursday's sale day seems promising based on internal emails, it cannot be officially confirmed until court approval goes through tomorrow.
If you're a shopper who loves a good sale (and who isn't?!) then it sounds like Target is the place to be! What goodies will you stock up on?