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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.
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 · 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. Despite the optimism, there was an undercurrent of unease.
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...
Jan 15, 2015 · Here's a look at Target's journey in Canada, from it's first steps in buying Zellers' leases to its announcement it was closing up shop. Financial Post Staff. Published Jan 15, 2015 • 3 minute read.
Dec 31, 2014 · Fall. Target invaded the Canadian retail market with a massive store fleet, even when it did not have a sound supply chain to back its needs. Canadian shoppers weren’t satisfied with their ...
Jan 15, 2015 · Target says it plans to discontinue all operations in Canada and has been granted protection from its creditors, less than two years after opening to much fanfare.
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...
According to the retailer, its ambitious expansion into Canada couldn’t have reached profitability until at least 2021, and with black ink a minimum of six years away, the company has decided to close all 133 of its Canadian stores.
