MISSISSAUGA, Ont. — Target won’t give up on Canada too easily, despite calls for the company to cut its losses and withdraw from its Canadian operations. Joel Baum of the University of Toronto’s Rotman School of Management said that “analysts have a very short-term perspective” and “the stock price is supposed to reflect future value, not what they screwed up last year.” Retail giant Wal-Mart took about three years to become profitable in Canada, the Financial Post observes.
Target Canada not finished yet: experts
Most Recent
Most Read
Sustainability of “buy Canadian” push remains to be seen: expert
Fri, March 21st, 2025
Retail sales decline in January
Fri, March 21st, 2025
Featured Classified: Mission Building Supplies
Fri, March 21st, 2025
Quebec RONA store changes hands
Thu, March 20th, 2025
Home Hardware dealer-owners expand in Newfoundland
Thu, March 20th, 2025
National Hardware Show puts spotlight on tariffs and supply chain challenges
Thu, March 20th, 2025
Home Depot gets big box exclusive on Kilz
Thu, March 20th, 2025
Throwback Thursday: 25 years ago, Ace prepared to stop supplying Beaver with hardware
Thu, March 20th, 2025
In troubling times, Hardlines has you covered
Wed, March 19th, 2025
TIMBER MART appoints new regional director for B.C.
Wed, March 19th, 2025