page_title: Target Canada
section_title: History
hierarchical_section_title: Target Canada / History
caption_attribution_description: English: The Target store built at the Bayshore Shopping Centre in Ottawa, Ontario, Canada. It never opened to the public.Français&#160;: Le magasin Target construit au Centre Commercial Bayshore à Ottawa, Ontario, Canada. Il n'a jamais été ouvert au public.
context_page_description: Target Canada Co. was the Canadian subsidiary of the Target Corporation, the eighth-largest discount retailer in the United States. Formerly headquartered in Mississauga, Ontario, the subsidiary was formed with the acquisition of Zellers store leases from the Hudson's Bay Company in January 2011. Target Canada opened its first store in March 2013, and was operating 133 locations by January 2015. Its main competition included Walmart Canada and the local Loblaws and Shoppers Drug Mart chains and Canadian Tire to some extent.
  Target Canada was ultimately unsuccessful, with an overly-aggressive expansion initiative, in addition to higher prices and a limited selection of products compared to Target stores in the United States. The retail chain racked up losses of $2.1 billion in its lifespan, and was widely viewed as a failure, termed a "spectacular failure" by Amanda Lang of CBC News, "an unmitigated disaster" by Maclean's and "a gold standard case study in what retailers should not do when they enter a new market" by the Financial Post. Target Canada commenced Court-supervised restructuring proceedings in January 2015, and finally shut down all of their stores by April 12, 2015.
caption: The Target store built at the Bayshore Shopping Centre in Ottawa, Ontario. It never opened to the public, with its signage logo still intact, and was subsequently sold to Walmart in 2015.
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