April 12 marked the one-year anniversary of the closing of Target stores in Canada. In the Jewish tradition, we mark the anniversary of a passing by observing yahrzteit, or remembering.
Although Target might have only lasted about 2 years in Canada (some stores as few as 6 months), because of the size and scale of the operation, it will continue to affect Canadian retail for the foreseeable future. In this essay, I identify some of the long-term impacts and lessons about the Target fiasco in the Far North.
1. Target actually had some better brands of merchandise in Canada than in the US. For example, in its housewares department, Target Canada carried the Joseph Joseph line of high fashion kitchen accessories….
Photo @Target Via Retail-Insider