Retailers to compete for Target’s market share

MISSISSAUGA, Ont. — Target’s rivals will be circling to pick up the leftovers of its business – and its leases, according to Report on Business. The chain’s liquidation of the inventory at its 133 stores is sending competitors scrambling, and thriving banners like Walmart, Loblaws, Canadian Tire, and Costco are the likely contenders to snap up some of the former Target properties. Meanwhile, struggling players like Sears will face even greater pressure in the battle for the approximately $2 billion in sales Target is leaving behind.