PRESS RELEASE – Target Calls it Quits in Canada

Well that didn’t last long (relatively speaking). Not even two years after Target arrived in Canada with the fanfare of a conquering hero, the U.S.-based chain announced this morning in a sudden and surprising move that they were wrapping up their Canadian operations and closing all 133 stores in this country. The Guelph store, the manager of which got the news of the closure – I’m told – from the news itself, was one of the first Targets to open in Canada, complete with frenzied line-up of eager shoppers as pictured above. Almost immediately those same shoppers were underwhelmed with what they saw, and that underwhelmed feeling seeemed to never wore off, and now, over 17,000 people nationw-wide will be out of a job sometime over the next several months. Continue reading “PRESS RELEASE – Target Calls it Quits in Canada”