Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report.
Target Canada ceased operations in this country on April 12, 2015. It was indicative of “the slow death of the big box,” according to the Toronto Star, a view which we reported on.
But the “death of the big box” has been greatly exaggerated. Walmart sales worldwide were US$473 billion in 2014. They were US$681 billion in the company’s latest fiscal year. Home Depot reported sales of US$83.2 billion in 2014. They had grown to US$159.5 billion in 2024.
