Target’s woes shared by other newcomers

TORONTO — Target isn’t the only retailer to have trouble translating its success south of the border into Canadian results, the Associated Press reports. Regulatory differences and, recently, a slower Canadian economy have made their impact on its rivals as well. Big Lots closed its 78 Canadian stores, citing heated competition in the bargain business. Best Buy also saw several closures, while even Walmart’s sales have suffered. Nordstrom has delayed the introduction of its discount Rack banner until 2017. A significant challenge is the cost-consciousness of Canadian shoppers, who are used to watching price changes over the border and have been disappointed by higher costs at Canadian locations of U.S. chains.