Target is dead

[Papa_Complex]

Well in Canada, at least. Target Canada filed for bankruptcy protection, last month, and will be liquidating its assets. They'll be leaving the country and owing suppliers.

The simple fact is they screwed up. Canadians were expecting a shopping experience like the one they get in US Target stores. What we got, instead, was stores with a red and white logo and empty shelves. I went into a half dozen different Canadian Target stores and there was no selection, lots of empty space on the shelves, and the prices weren't that great.

By way of comparison when Wal-Mart entered the Canadian market, a little over 20 years ago, they went in whole hog. They opened large, fully stocked stores with good prices. They not only brought in the cheap crap, but also sourced product from Canadian companies. They're going strong today and are a part of the landscape.

Target has no one to blame but themselves.