/
1x
Advertisement
Proudly Canadian, obsessively Toronto. Subscribe to Toronto Life!
Style

Target Canada may close, maybe

By Toronto Life
Copy link
(Image: Target Canada)
(Image: Target Canada)

When Target Canada opened up shop(s) last year, there was much rejoicing. Finally Canadians would be able to take part in the candy-striped discounts our American cousins had enjoyed for so long. Well, we hope you saved $4 on a Liz Lange pleated maternity blouse while you could, because Target Canada may be heading back across the border, like the humiliated invaders at the Battle of Queenstown Heights. (There’s a little something for all you 1812 buffs out there.)

The Globe is reporting that the recent resignation of Target CEO Gregg Steinhafel, following a data breach that saw customer information seriously compromised, could mean curtains for Target Canada, which has been under-performing, embarrassing the bottom line of the robust retailer. Shame on all of us. “It is conceivable that they will close Canada,” retail analyst Faye Landes told the Globe. A Target spokesperson refused to “comment on speculation.” But that won’t stop us, and everyone else, from speculating. You heard it here first second: Target Canada is for sure maybe possibly closing.

NEVER MISS A TORONTO LIFE STORY

Sign up for This City, our free newsletter about everything that matters right now in Toronto politics, sports, business, culture, society and more.

By signing up, you agree to our terms of use and privacy policy.
You may unsubscribe at any time.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Advertisement
Advertisement

The Latest

A high-tech greenhouse in King City is sticking it to Trump’s tariffs
City News

A high-tech greenhouse in King City is sticking it to Trump’s tariffs

Inside the Latest Issue

The June issue of Toronto Life features our annual ranking of the best new restaurants. Plus, our obsessive coverage of everything that matters now in the city.