Target to seek two-month extension of protection from creditors
Target already has pulled mobile phone products from its 133 Canadian outlets and closed Starbucks cafés in them, according to a filing on Friday with the Ontario Superior Court of Justice. Soon it will begin liquidation sales and set up a data room for would-be buyers of its store leases to try to collect whatever value is left in the business, the documents say.
Marina Strauss, The Globe and Mail
Posted on 1-30-2015 at 2:40 PM