Target Canada Suppliers Hit By Retailer's Bankruptcy FilingThe end of Target's Canadian operations has had a financial impact on small and medium businesses in Minnesota that supplied the retailer. Target's Canadian division filed for bankruptcy protection last month and owes nearly $5 million to suppliers and service providers in Minnesota.
Canadian Court Approves Target To Begin LiquidatingTarget Canada has received court approval to begin liquidating its stock.
After Only 2 Years, Target Pulls Out Of CanadaTarget is giving up on its money-losing foray into Canada after just two years, closing 133 stores and cutting loose more than 17,600 employees. Target said it didn't see how it could stop losing money before at least 2021 on its first international expansion.