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| Name | Target closing all Canadian stores |
| Video Uploader | Video From WPTV News - FL Palm Beaches and Treasure Coast |
| Upload Date | This Video Uploaded At 15-01-2015 23:01:59 |
| Video Discription | Target is closing all 133 stores in Canada. Target plans to shutdown all of its 133 stores in Canada. Along with the closings, more than 17,000 employees are being laid off. All workers will receive wages and benefits compensation lasting for several months. According to Chairman and CEO Brian Cornell, Target Canada could not find a way to become profitable before 2021 at the earliest. Target first opened in Canada in March of 2013. It has lost more than two-billion since then. It's expected to lose $5.4 billion in fourth-quarter losses because of its efforts to expand in Canada. ◂ WPTV NewsChannel 5, Local News Coverage You Can Count On. South Florida, Palm Beach County, Treasure Coast breaking news, weather and traffic. WPTV is South Florida's top-rated television station, covering Palm Beach County and the Treasure Coast. For more download the WPTV mobile app: iPhone: http://bit.ly/iOS-wptv Android: http://bit.ly/wptv-android [tno_9EiBzAA] |
| Category | News & Politics |
| Tags | WPTV | Florida | South Florida | Local News | News | West Palm Beach | Florida News | target closing in canada | Target closing Canadian stores | Target closing | Target exiting | Target Corporation (Award Winner) | Target | Target store | Target shopping | shopping | Canada (Country) | retail | Target Canada locations | Locations | Store locations | Stores |
