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Jan 15, 2015 · Target Corp. is pulling out of Canada after racking up over US$2-billion operating losses in less than two years, a retreat sure to go down as the biggest failure of an American retailer in this country to date.
- Target Corp: A timeline of the retailer’s failed Canadian ...
May 26 – From the initial 220 Zellers leases, Target...
- Target Corp: A timeline of the retailer’s failed Canadian ...
Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary formed with the acquisition of Zellers store leases from the Hudson's Bay Company (HBC) in January 2011.
Jan 20, 2015 · Why Target’s Canadian Expansion Failed. Denise Dahlhoff is the Research Director of the Baker Retailing Center at the Wharton School of the University of Pennsylvania. The retailer went too...
Jan 1, 2016 · Roughly two years from that date, Target Canada filed for creditor protection, marking the end of its first international foray and one of the most confounding sagas in Canadian corporate history. The debacle cost the parent company billions of dollars, sullied its reputation and put roughly 17,600 people out of work.
Jan 15, 2015 · May 26 – From the initial 220 Zellers leases, Target announces it has picked 105 store locations across all 10 Canadian provinces to develop into Target stores. The company plans to invest an average of $10 million to renovate each site. Aug. 31 – Target kicks off its Canadian hiring campaign.
Sep 22, 2022 · It plans to completely renovate 200 existing stores and open 30 more in 2022. Target entered the Canadian market in 2013. It opened 133 stores before closing them only two years later. In 2014,...
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Apr 10, 2015 · Target Canada stores lasted less than two years, but changed the retail landscape for years to come. Shoppers entering the Target store at the Centrepoint Mall at Yonge Street and Steeles...
