MISSISSAUGA, Ont. — Target’s poor performance in Canada since making its debut, culminating in a disappointing quarterly announcement, could have a bright side – for shoppers, if not for stakeholders. The meagre showing may prompt the retailer to cut prices, Toronto Life suggests. In fact, many products have already seen deeper discounts as Target seeks to counter slow sales, a factor noted in this week’s Q4 results. Higher prices have been a persistent complaint since Target’s arrival among Canadian consumers, many of whom are familiar with the chain’s American stores and their price lines.
Target’s loss may be consumers’ gain
Most Recent
Most Read
Rainbow Bridge car explosion was a lumber dealer, not a terrorist
Thu, November 30th, 2023
Giant Tiger opens Toronto-area location
Thu, November 30th, 2023
Regal ideas makes changes to its sales force
Thu, November 30th, 2023
Throwback Thursday: 20 years ago, Castle hired dealer recruitment specialist Mike Frame
Thu, November 30th, 2023
Home Depot Canada renews campaign to support homeless youth
Wed, November 29th, 2023
Rodbell rejoins Hudson's Bay in top job
Wed, November 29th, 2023
Mastermind Toys obtains creditor protection
Wed, November 29th, 2023
BMR recruits former IKO sales manager to head up pro sales
Tue, November 28th, 2023
Atlantic dealers get hiring tips at ABSDA’s HR Conference
Tue, November 28th, 2023
Who’s taking over the Bad Boy business? Nooobody!
Tue, November 28th, 2023