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- 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.
financialpost.com/news/retail-marketing/target-corp-calls-it-quits-in-canada-plans-fair-and-orderly-exitTarget Corp to exit Canada after racking up billions in losses
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Jan 21, 2016 · Target Canada was at last transitioning into a functional—almost normal—retailer. There were even big plans for 2015, such as implementing online shopping at Target.ca.
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.
- Hollie Shaw
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 15, 2015 · March 5 – The first three Canadian Target stores open in Ontario, marking the start of Target’s Canadian invasion. However, the stores open in Guelph, Milton and Fergus to limited fanfare. Target says it plans to open 21 additional Ontario stores by the end of the month.
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,...
Jan 15, 2015 · On Thursday, Target announced it is pulling out of Canada, closing all 133 stores and putting 17,000 employees out of work. It has already filed an application for protection under the...
Target Canada was ultimately unsuccessful, owing in part to an overly aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States and its Canadian rivals, particularly Walmart.
