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Thursday, January 15, 2015

2225 - Target Pulling Out Of Canada, Closing All Its Canadian Stores

Source: http://www.cbc.ca/news/business/target-to-close-all-133-canadian-stores-gets-ccaa-protection-1.2901618

Well, that didn't last long. I'm contemplating doing a vlog on this to perhaps further discussion, but I doubt that I could add much to it. I'll say this much for sure; clearing off the shelves shouldn't be much of a problem since they were barely filled to begin with.

I suppose the lesson of the day should be; if you're going to buy out a long-tenured Canadian discount store chain and replace it with your own, you'd better be able to deliver the same kind of quality service and products or else you will fail.

A shame.

1 comment:

  1. So I guess we got a loser for the upcoming 2015 in review list already... kinda wondering why you never mentioned them before... Would've made for an interesting choice.

    ReplyDelete

Keep it real and keep it clean.