News
Canada is facing a 35% tariff on imports to the U.S. starting Aug. 1, said President Trump, though some of the country’s ...
The Bank of Canada (BoC) is hitting the brakes on any further hikes and announced that it plans to hold the key interest rate ...
Target Corp. Chairman and CEO Brian Cornell said Thursday that the company was unable to find a realistic scenario in which the 133-store Target Canada would become profitable before at least 2021.
Target Canada stores will remain open during the liquidation process. The retailer said discontinuing operations in Canada will trigger approximately $5.4 billion in fourth-quarter losses.
Target announced Thursday that it will shut down its struggling operations in Canada, less than two years after its launch there. The retail giant will close 133 stores and lay off more than ...
Target isn't the only major U.S. retailer to have trouble abroad in recent years. Best Buy announced in January 2013 that it would close 15 of its Canada stores and cut about 5% of its workforce ...
Target is pulling out of Canada after two disastrous years. The U.S. retail icon said Thursday that it plans to abandon its 133 stores in Canada, which have suffered from poor supply chain ...
It operates 1,778 stores across the United States. In addition to opening stores in Canada this year, Target also plans to add 15 to 20 new U.S. stores.
MINNEAPOLIS — Target is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,000 employees. Target said it didn”t see how it ...
Target entered Canada by buying 124 Zellers stores, which were spread across much of the country. With only three distribution centers covering a wide geography, Target may have set itself up for ...
Target Canada stores will stay open during liquidation. Target Corp. expects the exit will increase its earnings in fiscal 2015 and beyond and boost its cash flow in fiscal 2016 and beyond.
Target is closing up shop in Canada. More than 17,600 employees will eventually lose their jobs when the U.S. discount retailer closes its 133 Canadian stores after only about two years to end ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results