Target announces withdrawal from Canada

MINNEAPOLIS — Target Corporation has put its operations in Canada into receivership, with plans to shutter its stores here within just a few months.

Target arrived in this country to much fanfare through the takeover of 133 Zellers store locations in 2013. Now, Target Canada Co., which is a wholly-owned subsidiary of the giant U.S. retailer, has filed an application for protection under the Companies’ Creditors Arrangement Act with the Ontario Superior Court of Justice…

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