In Toronto, about a dozen people were lined up in the frigid cold outside the East York Target location around 7:30 a.m. ET before the store opened. Several more sat in their vehicles watching the crowd slowly grow. There were similar scenes at other locations across Canada, CBC reporters on the ground say.
Target said late Wednesday that customers could expect discounts of up to 30 per cent as the company offloads millions of dollars worth of merchandise to pay back creditors. But as with most liquidations, the discounts could get even deeper as time goes by and the company looks to clear out product and raise cash to pay back its debts.
Graham Kitching, a student at Laurier University in Waterloo, Ont. was in that community’s Target on Thursday morning and unimpressed with the deals. But he managed to negotiate with the sales staff and bought a $ 120 watch for $ 45, he told CBC News.
But many others left empty-handed.
At a Winnipeg-area Target store, there was a similar sentiment.
“I was hoping for some really good deals [but] didn’t really find much,” shopper Cassandra Lis told CBC. “A lot of stuff is only 10 per cent off, which doesn’t even cover the taxes to tell you the truth.”
Lis said it wasn’t worth lining up early, and heard other shoppers saying the same thing.