Thursday, 15 January 2015

Target Leaving Canada

This is a question I had prepared on Sunday to release next Tuesday.  It has resolved (to yes) before I got the chance to post it.  Here is my original planned post:

Will Target Canada announce it is leaving the Canadian market in 2015?
Yes: 25%
No: 75%

According to this article, there has been some speculation that Target will exit the Canadian market in 2015, due to disappointing sales.  According to the Motley Fool, "The company has indicated it plans to review its future in Canada early in the new year" (I am not sure how reliable this information is).    Although Target leaving Canada is a definite possibility, I think it will probably not happen, at least in 2015.  Target has already incurred substantial costs to enter Canada, and that will dissuade them from leaving quickly.  It would also have to incur substantial costs to exit early.


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