TORONTO — Target CEO Brian Cornell says he and other executives are “not happy” with the performance of the banner’s Canadian stores, the Financial Post reports, and will be reviewing operations on a store-by-store basis to find ways to improve. In a BNN interview Cornell said that “Every store has to improve” but stopped short of calling for store closures. The troubled retailer has dramatically cut prices in order to answer critics and better compete with Walmart, but inventory woes continue to bedevil it.
“Every store has to improve”: Target head
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024