Quote:
Originally Posted by sebastianduhra
Target failed in Canada because of the weak Canadian dollar. It had nothing to do with managerial incompetence.
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Sorry, but this is not true. There has been well-documented research about all the things that were done wrong.
I've heard first-hand reports. I worked with somebody who was involved with logistics at Target. It was a mess, they couldn't even get product into stores.
A weak dollar and unrealistic consumer expectations were a factor. But there was a TON of managerial incompetence, particularly on the US corporate side.