(Source: The Toronto Star)
The much-loved “cheap-chic” discount chain, Target Corp., referred to by fans as “Tar-Jay,” says it has Canada in its sights as part of a future international expansion plan.
Like many U.S. retailers, Target is mulling a move outside its home market after sales and profits took a nosedive in the past year.
The announcement comes years after Target was rumoured to be eyeing an entry into Canada through the purchase of Hudson’s Bay Co.-owned discounter, Zellers. Hudson’s Bay was publicly traded and widely held at the time.
Read the full article, “Cheap-chic retailer Target coming to Canada” in the Toronto Star (Jan 22, 2010).