Target leaving Canada, to close all 133 stores, lay off 17,600 workers
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Target's first and only foray into international markets happened in 2013 in Canada. By April 2015, Target withdrew from the North American neighbor and closed all locations. Poor real estate decisions, weak leadership, and major SAP systems errors contributed to the company failing in Canada. Target lost $4.1 billion in after-tax losses in just one year as a result of the fallout. The company has no plans to expand internationally anytime soon. https://cnb.cx/3fQILBO | CNBC
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