Target earnings show retailer lost $4B US in Canada in 2014
Target lost $2.6 billion US, or $4.14 per share, in the three months ended Jan. 31, dragged down by huge costs associated with shutting down its poorly executed Canadian expansion, the U.S.-based retailer says. In a move announced last month, Target is pulling the plug on its 133 stores in Canada, less than two years after launching here with much fanfare, because it had yet to turn a profit and couldn't envision that happening for several more years. The chain is liquidating its assets in C
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