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They had the failed Canada expansion, but they smelled like roses compared to the crash and burn of Target Canada.
by ciabattabread 2y ago
They had the failed Canada expansion, but they smelled like roses compared to the crash and burn of Target Canada.
- transcriptase 2y agoOn top of the hilariously mismanaged rollout and botched logistics/inventory system, Target thought that Canadians would pay $19 for a $5 tee when the exchange rate was ~1.04.
- bpye 2y agoIt’s unfortunate. As mentioned elsewhere, the Vancouver store was one of their most profitable (overall) but the rest were not - and I guess sustaining operations in another country for one store doesn’t work out.
- transcriptase 2y ago6 months after the grand opening the east coast locations looked as if they were being liquidated not ramping up. To hide the fact that they couldn’t get the inventory mix they needed the staff were spacing out what little they did have. E.g. An entire aisle of king sized duvets with huge empty gaps, and no twin or queen sized to be found.