What was the primary cause of Zellers' decline in the 2000s?
Economic recession
Fierce competition
Lack of advertising
Poor management
Answer
Zellers faced fierce competition from other retailers, particularly Walmart, during the 2000s. This competition, combined with an inability to adapt during the retail apocalypse, led to Zellers losing significant ground and ultimately closing all stores in 2013.
Zellers: The Ultimate Canadian Retail Nostalgia Challenge!
More Questions
In what year did Zellers close its last remaining store?
How many Zellers stores were operating at the time of its acquisition by Hudson's Bay Company?
What was the total value of the deal between Hudson's Bay Company and Target for the Zellers lease agreements?
How many Hudson's Bay department stores currently feature a Zellers store-within-a-store?
In what year was Zellers founded?
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