Target announced the list of Zellers stores that it would keep and change to Targets in Canada recently. It has taken over 189 of Zellers’ 273 stores, as this story in the Winnipeg Free Press explains.
I noted earlier this year that I would be flabbergasted if Target selected one of the 15 unionized Zellers, because if it did, it would inherit the collective agreements. But I can’t find in my quick internet search if any of the unionized stores made the cut.
Does anyone know?
Also, does anyone know if Zellers employees are being told that they will be terminated by Zellers before the takeover and told to re-apply to Target? My guess is that is how Target would deal with the takeovers. That way they would have no continuing legal obligations to the Zellers’ workers.
Do you think it is ‘unethical’ for a company that purchases a business to insist that all of the employees be fired before the takeover? Or is that just “smart business”?