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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.
Why Target Canada collapsed has been endlessly dissected by analysts, pundits and journalists. But the people who know what happened best are the employees who lived through the experience.
- Canadian Business
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 · Jan. 15 – Target announces plan to exit Canada, citing its inability “to find a realistic scenario that would get Target Canada to profitability until at least 2021.”. 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.
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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...
Feb 11, 2016 · Target Canada, which by this time had lost $7 billion, applied for bankruptcy protection. All 133 stores were closed, and 17,000 employees lost their jobs. So what lessons can be learned?
Apr 5, 2013 · Best of Target: a guide to shopping at the big-box retailer. By Michelle Reddick | April 5, 2013. Today officially marks the grand opening of 24 Target stores across Ontario after a month in...
