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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 ...
Jan 21, 2016 · (Vince Talotta/Toronto Star/Getty Images) In the fall of 2013, hundreds of Target Canada head office staff piled into the auditorium at the Mississauga Living Arts Centre for a state-of-the-union ...
- Canadian Business
Sep 22, 2022 · Target entered the Canadian market in 2013. It opened 133 stores before closing them only two years later. In 2014, it took $4.1 billion in after-tax losses.
Dec 31, 2014 · Origin. Back in 2010, Target had announced its interest in expanding internationally, and it was almost certain that Canada would be its first destination. Early in 2011, the retailer had said ...
Jan 15, 2015 · Feb. 26 –Target announces reports a loss of US$941 million on its Canadian operations for 2013. Revenue was a disappointing US$1.3 billion. May 5 – After enduring a massive security breach over the holiday season where up to 40 million customers’ debit and credit cards were compromised in the U.S., long-time Target CEO Gregg Steinhafel ...
Jan 15, 2015 · Target Corp <TGT.N> 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 quarterly loss.
Feb 11, 2016 · Brian Cornell, who had previously been the boss at Sam's Club, was installed as the new Target CEO. Target Canada, which by this time had lost $7 billion, applied for bankruptcy protection. All ...
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