1. Stores & Formats

Why Target Canada was a massive failure

Written by Posted on Less than 0 min read

Target entered the Canadian market in 2013. It opened 133 stores before closing them only two years later. In 2014, it took $4.1 billion in after-tax losses.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Shopper & Customer

As consumer spending slows, Club holding TJX is the off-price retailer to own

[[ Getty Images Fresh economic data Wednesday showed U.S. consumer spending slowed during the holiday season as inflation, though easing, continued to squeeze shoppers. That’s likely to make off-price retailers like Club holding TJX Companies (TJX) even more attractive to many Americans looking for cost-saving deals in the new year. “]]  View Original Article Shoppers […]
< 1 min read
0
  1. Channel: Restaurants

Starbucks unveils new plans to eliminate single-use cups, encourage reusable mugs

Starbucks unveiled the latest steps it’s taking to reduce its disposable cup use. View Original Article Restaurants Sustainability CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle earnings crush estimates as restaurant traffic grows 7.4%

Chipotle blew past earnings estimates and topped revenue expectations as it said traffic grew 7.4%. View Original Article Restaurants Results & Investment Store Location CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Technology & Innovation

Two Big Tech names and a luxury retailer made headlines. Here’s our take on each

​[[“value”:”Club holdings Meta Platforms (META), Microsoft (MSFT) and Estee Lauder (EL) all were in the news Thursday.”]]  View Original Article Technology & Innovation BigTech Meta (Facebook) CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Corporate Finance

The Investing Club’s top things to watch in the stock market Friday

​Stocks edge up in premarket trading after coming under pressure Thursday, ahead of a key speech from Fed Chair Jerome Powell.  View Original Article Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon says it will begin delivering packages by drone in California later this year

Amazon said Monday that it will begin to deliver products using Prime Air drones in Lockeford, California, later this year. View Original Article Amazon Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Holiday & Events

Under Armour shares jump after it raises profit expectations amid sliding sales

Under Armour delivered a mixed set of results for its 2023 holiday quarter after it saw slow sales in its wholesale channel and soft demand in North America. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Trends & External Forces

Lowe’s raises forecast as tight housing market, older homes fuel projects

Lowe’s raised its forecast for the full year and surpassed Wall Street’s earnings estimates for the fiscal fourth quarter. View Original Article Dept. Fuel Results & Investment Economy Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
  1. Holiday & Events

These 4 tips can help you dig out of debt after record Black Friday and Cyber Monday spending

This year’s holiday spending is setting new records, but it’s not too late to avoid going into debt, experts say. View Original Article Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Corporate Strategy

Ulta CEO says e-commerce sites can do more to stop the sale of stolen goods

Ulta Beauty CEO Dave Kimbell said online marketplaces are contributing to organized retail crime and need to do more to deter the sale of stolen goods. View Original Article Dept. HBC Executives CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Corporate Finance

Walmart beats Wall Street’s holiday expectations as e-commerce sales soar

Walmart beat holiday-quarter earnings expectations and said it would buy smart TV maker Vizio. View Original Article Walmart Results & Investment Marketing: Broadcast Economy Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Walmart expands its drone-delivery service to reach 4 million households

The big-box retailer has been testing how drone deliveries could drive e-commerce growth and turn stores into a way to outmatch Amazon on speed. View Original Article Amazon Brick and Mortar Consumers Delivery Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Technology & Innovation

Retailers brace for tougher times and more frugal customers in 2023

January is typically an overlooked month for retailers. Shoppers make returns and exchanges. They come to stores with gift cards in hand. And they may spring for workout clothes or other items to follow through on New Year’s resolutions. But this year, January carries higher stakes. The next few weeks, which close out many retailers’ […]
3 min read
0
  1. Corporate Strategy

We’re adding to this sneaker retailer on the dip, betting further on its turnaround strategy

​[[“value”:”Under Armour is not a great readthrough into what’s happening at this athletic footwear chain, which has its own story to tell.”]]  View Original Article Dept. Apparel Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business […]
< 1 min read
0
  1. Channel: Drug

Walgreens executive says ‘maybe we cried too much last year’ about theft

In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT Anti-theft locked beauty products with customer service button at Walgreens pharmacy, Queens, New York. Lindsey Nicholson Universal Images Group View Original Article Walgreens Dept. HBC Dept. Pharmacy Executives Legal & Criminal Shoppers CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the […]
< 1 min read
0
  1. Department: HBC

Check in, smoke up and tune out: Cannabis-friendly vacation rentals are catching on

Cannabis-friendly vacation rentals have been popping up as legalization of recreational cannabis expands to more states. View Original Article Cannabis Dept. HBC CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 […]
< 1 min read
0
  1. Corporate Strategy

Starbucks CEO Howard Schultz calls new olive oil coffee drinks ‘transformational’

​   ​   [[“value”:”Starbucks CEO Howard Schultz said the new olive-oil coffee could disrupt the market.”]]  View Original Article Dept. Beverage Dept. Fuel Executives Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Technology & Innovation

Klarna takes aim at Google and Amazon with AI image recognition tool for shopping

​[[“value”:”A new feature in the Klarna app will let users point their phone at an item of clothing or electronics gadget and find results for similar products.”]]  View Original Article AI Amazon Dept. Apparel Dept. Nonfood Google Technology & Innovation CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world […]
< 1 min read
0
  1. Uncategorized

In this fast-paced bull market, we’re increasing our Club price targets on 4 stocks

It seems like some of these names are smashing through our six-to-nine-month price targets every few weeks. View Original Article CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Channel: Grocery

Kroger agrees to buy rival grocery company Albertsons for $24.6 billion

Kroger is the second largest grocer by market share in the United States, behind Walmart, and Albertsons is fourth, after Costco. View Original Article Results & Investment Albertsons / Safeway Costco Kroger Walmart CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
Next