More than a year after Target announced plans to shutter its 133 stores in Canada, the retailer is finally ready to put the failed business venture behind it. The company recently reached a $30 million compensation deal with the landlords of these former Target stores. [More]
Target Canada
15 Things We Learned About The Downfall Of Target Canada
By 1.22.16
Why did Target’s expansion into Canada fail so quickly? The company is based in Minnesota, which is dangerously close to being Canada. Yet Target Canada failed spectacularly. Why? Sure, they expanded too quickly, and had supply chain problems: we all know the answer. Yet what did that look like on the ground? [More]
Lowe’s Takes Over 13 Former Target Canada Stores
By 5.11.15
Last week, we learned that Walmart would be taking over thirteen former Target Canada stores and a distribution center. Today, home improvement chain Lowe’s announced that is taking over twelve store leases, one store that Target owned, and one distribution center. [More]
Target Canada Liquidation Sales Offer Crappy Deals Unless You’re A Competing Pharmacy
By 2.5.15
For some reason, customers lined up outside of Target’s Canadian stores in the very cold hours before the sun rose this morning, anticipating fantastic deals at the liquidation sale. These shoppers were disappointed. While a few people scored deals on TVs and other big items, other consumers complained about the low discounts. [More]
Sears Canada Offers Criticism Of Target Canada, Discount And Jobs To Workers
By 1.19.15
Last week, Target announced that it is fleeing Canada, giving up on its ill-fated expansion and closing all 133 of its poorly-stocked stores that nobody wants to shop in. An unlikely source has publicly offered support to Target employees who are about to lose their jobs: quasi-competitor Sears Canada. [More]
Target Preparing To Exit Canada, Will Close All 133 Stores In The Country
By 1.15.15
Some news for our friends shopping north of the border, or any Americans who wander into the country looking for a bit of home: Target is pulling up the stakes, closing all 133 stores in the country and rolling out of Canada, after the company said there was just no way to make Target Canada profitable anytime soon. [More]
Target Expands To Canada, No One Really Likes It
By 8.20.13 — Updated: 1.19.15
Target opened its first stores in Canada earlier this year and plans to take over some now-closed Zellers locations. Now that it’s about six months into their tenure north of the border, how are they doing? Canadians aren’t really warming to Target, as it turns out. [More]
