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Target's expansion into Canada was threatened by one other party that claimed the Canadian rights to "Target" with respect to clothing. The Canadian trademark "Target Apparel" was registered in 1981 by Dylex Ltd., a Canadian retailer defunct since the early 2000s, covering "men's clothing, namely suits, pants, jackets, and coats".
Target Canada – closed because of a $2.1 billion loss for Target Corporation; Terra Transport; Towers Department Stores – department store chain; acquired by Zellers; Union Bank of Halifax – now part of the Royal Bank of Canada; United Grain Growers Ltd. – merged with Agricore to form Agricore United; Vidéotron – cable; now owned by ...
His tenure as CEO of Target also included a disastrous expansion of Target into Canada in which the company lost $2 billion in two years. On top of the cost burden from buying out 220 leases of discount retailer chain Zellers , the expansion was plagued by flawed execution, including inventory and restocking problems, poor locations and higher ...
Target's longtime goal of rolling out 100 to 150 stores in Canada in 2013 and 2014 is starting to take shape. The discount retailer opened its doors in the country earlier this month, with three ...
This year, Target dove headfirst into the Canadian market, opening 124 stores in the span of seven months. Unfortunately, this ambitious expansion has not gone according to plan. While there was a ...
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In turn, Target announced its intention to convert many of them to Canadian locations of Target, and re-sell the remainder to other parties such as Walmart Canada, resulting in their liquidation and eventual closure. While HBC initially retained 64 Zellers locations, it announced on July 26, 2012, that all of them would be liquidated and closed ...
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