I wonder about many of the third and fourth-tier malls, like Cloverdale, East York Town Centre, Shoppers World Danforth, heck even Shoppers World Brampton. I'm sure larger first and second-tier malls like Erin Mills, Square One, Bramalea City Centre, Upper Canada, etc. will do fine.
Wow. Thinking about all that money spent to develop new distribution system from scratch, buying those leases, renovating all those Zellers stores, even building original new locations like Stockyards and the planned York Street store. It's one of the biggest retail disasters in Canadian history.
I only shopped at Target a few times (not having a car and living downtown) but I liked it when I needed to do a big mixed shopping - prices were good, the stores clean and not zoos like Wal-Marts tend to be, quick check-out. So the cost to get a ZipCar to head to Stockyards or EYTC wasn't that great. Yes, the inventory problems were apparent, but for my needs, they weren't an issue.
I hate Wal-Mart, so I'm really upset to see that it is the only lower-end mass retailer left.