Why Target Canada was a massive failure

In 2013, Target began its first international endeavor in Canada. After acquiring locations left by failed discount retailer Zellers, it opened 133 stores in just over a year. Extensive remodeling needs, major merchandising systems errors and a tight time frame, among other issues, combined to force the company's hand, with estimates that it wouldn't be profitable until 2021. Target closed all Canadian stores in 2015 and suffered a $4.1 billion after-tax loss in just one year due to the fallout.