You are here

Target to close all Canada stores, after barely 2 years

US retail giant concedes defeat; 17,600 workers to lose their jobs

CLEARING OUT: Target Canada was losing money every day and could not find a realistic scenario to get it to profitability.

Ottawa, Canada

LESS than two years after opening in Canada, Target has conceded defeat and said it would shutter all its 133 stores, bringing an infamously ill-managed northward foray by the American retail giant to an abrupt end.

About 17,600 people will lose their jobs, Target