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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.
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Jan 20, 2015 · Why Target’s Canadian Expansion Failed. by. Denise Dahlhoff. January 20, 2015. Post. Post. Share. Save. Denise Dahlhoff is the Research Director of the Baker Retailing Center at the Wharton ...
Jan 15, 2015 · The U.S. retailer announced in 2015 that it was closing all of its 133 stores in Canada, a retreat that cost it over US$2-billion and led to a US$5.4 billion writedown. The decision was based on the company's assessment that it would take another six years to turn a profit in the Canadian market.
- Hollie Shaw
On the first anniversary of the company’s bankruptcy filing, Canadian Business spoke to close to 30 former employees in Canada and the U.S. to find out how Target, one of the best retailers in ...
Sep 22, 2022 · Target’s entry into the Canadian market in 2013 was its first foray in international expansion. A combination of extensive renovation needs, a flawed merchandising system, tight time frame and ...
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Jan 15, 2015 · TORONTO (Reuters) - Target Corp will exit the Canadian market after less than two years in a surprise retreat that will throw more than 17,000 employees out of work and trigger a $5.4 billion...
