I love Target. There's no "people of Walmart" in Target.
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I love Target. There's no "people of Walmart" in Target.
Yes there was a lot of the Market Pantry, Archer farms but they weren't able to bring up the whole product line. Not only that think of the reese Oreos those weren't sold in Canada either. There are a lot of differences in Canada and US law. Just like kinder eggs are banned in the US for safety issues.
"Kinder eggs are banned"
Damn 'muricans had no childhood
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Samsung is reportedly in talks for a Target takeover...
Yeah, those Amazon killer drones... ;-)
LOL
(referring to the delivery drones announcement they made)
� 2015 - already in full swing - berry good ... �
Custom-stuff is also becoming a big thing.
Chacos sandals with a combination of colors, footbed and straps with any pattern you like...
http://www.chacos.com/US/en/MyChacos
Can't do that in-store... :-)
� 2015 - already in full swing - berry good ... �
Job losses hurt the economy for sure. But companies who don't make money go under sooner or later. Here in the states Target is better than wally world but it still competes for the deep discount dollar against Walmart, kmart, even big lots and the dollar stores a little. But what others have said is the key; high prices and no inventory = a poor value perception for the customer who votes with their wallet and their feet. I'm inclined to believe that Target did not have and could muster the resources to bring their business model to Canada, and sustain it until it was self sustaining. Unlike Wally World who seems to print their own money, Target (and most other retailers) doesn't have pockets deep enough to survive until they can become established,and profitable north of the border.
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A little update on the story :
How's this for a job well done !?
( From Yahoo Canada )
Target's package for ex-CEO matches package for all 17,600 Canadian workers.
Target�s "employee trust" package for its Canadian workers, announced last week, amounts to $70 million ($56 million US). It�s designed to provide each worker with 16 weeks of pay.
Depending on who�s doing the calculation, the golden handshake handed to ex-CEO Gregg Steinhafel last May is in roughly in the same ballpark.
Fortune Magazine put the value of his total "walk-away" package, including stock options and other benefits, at $61 million US, including severance of $15.9 million.
Wow. Ain't capitalism classy? (pardon the pun)
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Ouch...
He could at least shout them a beer each... :-)
� 2015 - already in full swing - berry good ... �