Throwback Thursday is a regular weekly feature in which we dip into the archives of the Hardlines Weekly Report.
In our July 21, 2014 issue of our weekly e-newsletter we wrote a story about Target facing calls to close or reduce its Canadian operations. We quoted Michael Exstein of Credit Suisse, an analyst who said Target might have to “cut its losses” in Canada. “Nevertheless, Target reps insisted the company remains committed to the Canadian market,” we wrote. It took nine months for Target to announce (April 12, 2015) that it would close all of its 133 stores in Canada.
