[Info-vax] OT: Demise of Target in Canada
George Cornelius
cornelius at eisner.decus.org
Mon Feb 8 12:39:13 EST 2016
In article <56ae8057$0$4554$c3e8da3$b280bf18 at news.astraweb.com>, JF Mezei <jfmezei.spamnot at vaxination.ca> writes:
> A few years ago, Target USA decided to setup shop in Canada. Instead of
> buying the existing Zellers business from Hudsons Bay Corp, it only
> bought the leases to stores and built its operations from scratch (not
> even bringing in systems from its existing US operations).
I tried to post something in this thread when it was active but it
went to the person I was respondinging to instead. Pretty much moot
now so I will not repost it.
I do want to mention that this is old news. Target announced the
discontinuation of their Canadian operations at least two months
ago.
Target is the old Dayton Hudson corporation and is based here in
Minnesota. The corporate name became Target at some point, and
the department stores, which became Marshall Fields when they
acquired that brand, were eventually sold off and are now part
of Macy's.
Looks like they dove in too quickly with their Canadian acquisition
and suffered the consequences, which happen to include ceding a
lot of ground to rival Walmart.
George
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