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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. Target Canada opened its first store in March 2013, and ...
Target Canada racked up losses of $2.1 billion in its short life, and the store's botched expansion was characterized by the Canadian and US media as a "spectacular failure", [59] "an unmitigated disaster", [60] [61] and "a gold standard case study in what retailers should not do when they enter a new market". [62]
Target Canada, the Canadian subsidiary of the Target Corporation, announced on January 15, 2015, that it would close all 133 stores in Canada by April 12, 2015. [ 269 ] Teavana announced plans in 2017 to close all 379 of its stores by 2018, with parent company Starbucks citing lower mall traffic, and on August 29, 2017, Simon Property Group ...
Target's longtime goal of rolling out 100 to 150 stores in Canada in 2013 and 2014 is starting to take shape. The discount retailer opened its doors in the country earlier this month, with three ...
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Seems Target is looking to open discount stores in Canada, marking the first International expansion for the Minneapolis-based retailer. What's this, you say? Target doesn't have stores in Canada yet?
Target Canada was the chain of Target stores in Canada. ... and the Canadian news media termed Target's foray into Canada as a "spectacular failure", [47] ...
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