Target ready to pull out of Canada?

MINNEAPOLIS — After racking up a $2.1 billion loss for its parent, the fate Target Canada remains in question. According to The Huffington Post Canada, sales per square foot are reportedly $140, well below analysts’ estimated break-even of $250, while Christmas traffic was also lighter than hoped. The company is further expected to make a decision about its Canadian operations by the end of its coming fiscal year-end of February 25.