Quote:
Originally Posted by Napseeker
We didn't drive Target from Canada. Target ran a pathetically lousy business that couldn't compete against Walmart (and even Zellers did a better job than Target).
Their CEO not only limped away in shame and humiliation, the company screwed over a ton of their suppliers in the process.
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Totally agree. Also they bailed because of their data compromise. Cutting money losing (because it was a new market and they were still developing) Canadian operations was an easy way for the new CEO to make it look like they were doing something good and keep the share price up.