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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.
Target is having a hard time competing with Wal-Mart, which expanded into Canada two decades ago. "Walmart is the household name to visit given its way earlier entry into the market and ...
Dec 31, 2014 · Even this year, Target Canada remains a loss making business on account of sluggish topline growth and high expenses. The root of all problems is the lack of a strong supply chain system and the ...
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 ...
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.
Jan 15, 2015 · 2014. 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 ...
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