While consumers speculate whether it was poor pricing or empty shelves that caused Target to withdraw from Canada, global grocery and food industry research firm IGD retail analysis took the time to consider the implications of the closure.
Reasons for why Target Canada may have failed included an ambitious market entry, supply chain issues and many failed attempts to fix the business.
But the blame doesn't lie solely on Target's shoulders. IGD notes Target's competitors, Walmart, Loblaw and Canadian Tire, did a fantastic defensive job when it came to improving store operations and offering better pricing.
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