Target misguided shareholders about Canadian experiment
Toronto – September 24, 2014 – To date, American retail giant Target has reported a loss of almost $1.6 billion from its train wreck of an expansion into Canada. Ignoring the advice of industry pundits and retail experts, Target opened 124 new stores in Canada at break-neck speed, refusing to honour the jobs of more than 20,000 former Zellers workers in the process.