Thursday, January 15, 2015

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.

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