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Target Done in Canada

Target Done in Canada

Good article on Target’s experience in Canada.

NY Times Article

From stores to mannequins: Target’s post-Canada wish list

It’s going to cost a big chunk of change, but less than two years after opening its first store in Canada, Target has decided to close the profit-sucking operation there.

While the news will initially be a blow to the big-box retailer—which through third quarter 2014 had lost $2.1 billion on the venture—it should deliver a long-term benefit to the company’s U.S. business, said Belus Capital Advisors analyst Brian Sozzi.