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Zellers, Inc.
Type Mass merchandise department store chain
Founded 1931
Headquarters Brampton, Ontario
Industry Retail
Products Clothing, grocery, footwear, bedding, furniture, jewelry, beauty products, electronics, appliances, and housewares. A department store is a Retail establishment which specializes in selling a wide range of products without a single predominant merchandise line. Brampton (pronounced bramton is the third-largest city in the Greater Toronto Area of Ontario, Canada and the seat of Peel Region. For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need
Parent Hudson's Bay Company
Website www.zellers.com

Zellers Inc. A holding company is a company that owns part all or a majority of other companies' outstanding Stock. A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages is Canada's second-largest chain of mass merchandise department stores, with 282 locations in communities across Canada. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page A department store is a Retail establishment which specializes in selling a wide range of products without a single predominant merchandise line. Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page [1] Zellers is headquartered in the Toronto suburb of Brampton, Ontario, and is a subsidiary of Hudson's Bay Company ("Hbc"). Toronto (təˈrɒntoʊ colloquially pronounced or) is the largest city in Canada and is the provincial capital of Ontario South San Jose (cropjpg||thumb|A suburban development in San Jose California. Brampton (pronounced bramton is the third-largest city in the Greater Toronto Area of Ontario, Canada and the seat of Peel Region.

In recent years, Zellers has been moving slowly away from the discount department store model, and has introduced better quality merchandise and different customer service concepts. A discount store is a type of Department store, which sell products at prices lower than those asked by traditional retail outlets New and remodelled Zellers stores are often compared to that of Target Corporation in the United States. Target Corporation ( is an American Retailing company that was founded in Minneapolis Minnesota in 1902 The United States of America —commonly referred to as the

Contents

History

Early years

The company was founded in 1931 by Walter P. Zeller as "stores for thrifty Canadians". Walter Philip Zeller ( October 21 1890 - August 25, 1957) was a Canadian businessman and founder of discount retail chain Zellers The chain began with the purchase of the fourteen Canadian locations of American retailer Schulte-United, all of which are in southeastern Ontario. The United States of America —commonly referred to as the Ontario (ɒnˈtɛrioʊ is a province located in the central part of Canada, the largest by population and second largest after Quebec Almost immediately, Zellers began an aggressive expansion strategy, and within 25 years operated sixty stores, and employed 3000 people. In 1952, in a move to expand into eastern Canada, it acquired the Federal chain of variety stores, adding more than a dozen new Zellers locations. A variety store or price-point retailer is a Retail store that sells inexpensive items usually with a single Price point for all items in the

Acquisition by W. T. Grant Company

During this period of expansion, Zellers concluded a deal with the W.T. Grant, a similar chain of American mass merchandise department stores. This article is about W T Grant stores for the namesake founder see William Thomas Grant W This arrangement allowed W. T. Grant to purchase 10% of Zellers shares, and eventually a 51% ownership in 1959. In financial markets, a share is a Unit of account for various financial instruments including Stocks Mutual funds Limited partnerships In exchange, the "Grant Company [was] making available to Zellers its experience on matters of merchandise, real estate, store development, and general administration". Zellers employees were sent to Grant stores and head office for training, and both companies made common buying trips to the Orient. The Orient is a term which simply means the " East " It originated in Western Asia to describe that part of the world In the 1950s, the chain again began opening new locations, and in 1956 opened its first self-serve location at the Norgate shopping centre in Saint-Laurent, Quebec. Self service is the practice of serving oneself usually when purchasing items Norgate Shopping centre (French Galeries Norgate) is a Strip mall built in 1949, in the then- Suburb of Saint-Laurent Quebec Saint-Laurent is a former city on the Island of Montreal in southwestern Quebec, Canada. Stores opened in 1960 saw many new innovations, including the first in-store restaurant, the first auto centre, and the first suburban location. A restaurant is a retail establishment that serves prepared Food to Customers. South San Jose (cropjpg||thumb|A suburban development in San Jose California. By 1976, Zellers had grown to a chain of 155 stores, with annual sales of $407 million. [1]

Acquisition of Fields

Although Zellers was prospering, W. T. Grant was facing intense competition in the United States, and was forced to withdraw itself entirely from its Canadian operations. The United States of America —commonly referred to as the In 1976, Zellers management and shareholders were presented with an offer from Fields, a clothing retailer based in Vancouver, British Columbia, to purchase a 50. For the now-defunct chain of department stores in the Midwestern United States see Marshall Field's Fields is a brand of Canadian Vancouver (vænˈkuːvɚ is a coastal 1% stake in the company for $32,675,000. Zellers shareholders, unhappy with the idea of Zellers becoming a subsidiary of Fields, reversed the takeover, and purchased Fields, and its hardware store division, Marshall Wells. A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity This sale added 70 Fields stores, and 162 franchised Marshall Wells stores to the company. Fields President and founder, Joseph Segal, was appointed as President of Zellers. [2]

Merger with Hudson's Bay Company

In June, 1978, Zellers presented a bid to acquire 100% ownership of the Hudson's Bay Company. HBC management, recognizing Zellers' profitability, and the potential to enter a new retail segment, decided to purchase Zellers instead. As two retailers operating in very different retail segments than HBC, both Zellers and Fields were kept intact, and established as separate divisions of the company. HBC would acquire full ownership of Zellers and Fields in 1981, and Marshall Wells, in 1982. By 1985, the Company had sold Marshall Wells for $20 million, because it was not relevant to its department store business.

Further acquisitions

In 1991, HBC acquired the 51 stores of the Towers/Bonimart chain, and converted most of them to Zellers outlets, including its flagship location in Toronto. Towers was a Canadian Discount Department store chain owned by the Oshawa Group, a now-defunct grocery retailer and distributor Toronto (təˈrɒntoʊ colloquially pronounced or) is the largest city in Canada and is the provincial capital of Ontario Zellers advertisements at the time featured both the Towers mascot "Sparky", and the Zellers mascot "Zeddy", walking arm-in-arm. The term mascot – defined as a term for any person animal or object thought to bring Luck – colloquially includes anything used to represent a group with a common During this period, Zellers had the popular and well-known slogan "Where the lowest price is the law. Everyday. "

In 1993, HBC purchased the assets of the bankrupt Woodward's chain, including 21 store locations. Woodward's was the name of a department store which operated in Alberta and British Columbia, Canada for one hundred years before its sale to the These were converted into both Zellers and Bay stores, and greatly expanded the Company's presence in Western Canada. The Bay is a chain of 94 fashion Department stores that operate across parts of Canada.

In 1998, Hudson's Bay Company acquired Kmart's Canadian division, and merged it with the Zellers division to create a larger combined chain under the Zellers name. Kmart (sometimes spelled as " K-Mart " is a chain of department stores in the United States, Puerto Rico, the U Many Kmart locations were closed, and some sites became full Zellers outlets. The Barrie, Ontario location was closed and re-opened as a Bay store. The Bay is a chain of 94 fashion Department stores that operate across parts of Canada. Zellers also took over Kmart's Canadian head office in Brampton, Ontario at this time. Brampton (pronounced bramton is the third-largest city in the Greater Toronto Area of Ontario, Canada and the seat of Peel Region.

On February 28, 2006, Zellers was taken private when South Carolina businessman Jerry Zucker finalized a takeover bid on the Hudson's Bay Company. Events 202 BC - coronation ceremony of Liu Bang as Emperor Gaozu of Han takes place initiating four centuries of the Han Dynasty 's rule Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. Jerry Zucker (1949 &ndash April 12, 2008) was an Israeli born American businessman and resident of Charleston South Carolina.

Current operations

Zellers Select logo
Zellers Select logo

Today, Zellers operates stores from St. John's, Newfoundland and Labrador, to Victoria, British Columbia, and employs over 35,000 people. St John's (ˌseɪntˈdʒanz French Saint-Jean) is the provincial capital of Newfoundland and Labrador, Canada and located on the eastern tip Victoria (vɪkˈtɔɹiə is the capital city of British Columbia. The average store size is 94,000 square feet (8,700 m²). Zellers Select stores are designed for smaller markets with populations under 25,000, with stores averaging 45,000 square feet (4,200 m²). Almost every Zellers location features a pharmacy and an in-store restaurant, the 1950s themed Zellers Family Diner. Newer locations are typically larger than 100,000 square feet(9,290 m²), and also feature a hair salon, refrigerated groceries, major appliances, mattresses, and expanded electronics and cosmetics departments. Multi-level stores are gradually being equipped with a new, state-of-the-art shopping cart system known as the "Cartveyor", which is designed to transport carts between floors next to a standard escalator.

In the past several years, Zellers has made a notable push to drive sales through use of exclusive, private label merchandise. In a strategy similar to Target's, Zellers sells Big Star, Cherokee, Sportek, "Stuff by Duff", Homestyles, Nest by House & Home, Wabasso "Design Ideas", Alfred Sung Home, Truly, MarketSquare, Beaumark, Home Studio, and many other labels that can only be found in their stores in Canada. Target Corporation ( is an American Retailing company that was founded in Minneapolis Minnesota in 1902 Hilary Erhard Duff (born September 28 1987 is an American Actress, pop Singer-songwriter Private brands now represent over 30% of Zellers sales. A brand is a collection of Images and ideas representing an economic producer more specifically it refers to the descriptive verbal attributes and concrete symbols such as a

The Neighbourhood Market is Zellers' expanded section of grocery items that goes beyond just selling dry snacks and other food. Frozen and dairy aisles, including ice cream, and frozen pizza, have been added to create an easy one-stop shopping experience. This may seem unusual to many customers, and was practically unheard of in a mass merchandiser in Canada until recently. In these stores, the food assortment has been expanded by 50%. Whenever a new store is built, or an old one renovated, Zellers will make Neighbourhood Market part of it. In spite of all of this, Zellers says it doesn't expect to take things to the point where it has all of the same products as a full grocery.

HBC announced in late May 2005 that as part of their sales growth plan, "The Big Ticket strategy" will be expanded to 97 Zellers stores across the country, after being piloted at select locations in Ontario, Quebec and Manitoba. Ontario (ɒnˈtɛrioʊ is a province located in the central part of Canada, the largest by population and second largest after Quebec Quebec (kwɨˈbɛk Manitoba (English ˌmænɨˈtoʊbə French /manitoba/ is a province of Canada, spanning 647797 square kilometres (250116  sq mi of North America Nine stores will offer a small assortment of appliances, 83 will offer appliances and mattress sets, and five will offer a full assortment of appliances, mattress sets and furniture. HBC is also expanding brands previously only sold at the Bay to Zellers, such as Jockey International and London Fog. Jockey International Inc is a company known for its line of Underwear, sleepwear and Socks for men women and children

Several new Zellers stores will be opened in 2008.

Facts

External links

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