https://ca.finance.yahoo.com/blogs/...wo-years-of-trying-to-win-over-160840373.html
?Target blew it,? says Doug Stephens, founder of the Retail Prophet consultancy.
?The Canadian retail market was not as robust as Target and others believed it was going in.?
Stephens says they opened too many stores, too fast and took substandard locations that didn?t fit with consumer expectations of the brand.
He said Target also failed to merchandise and stock their stores to acceptable levels and ?spent a year making excuses for it instead of dealing with it.
"It all added up to an insurmountable failure that was costing them close to a billion dollars a year.?
Can you say fuck up
?Target blew it,? says Doug Stephens, founder of the Retail Prophet consultancy.
?The Canadian retail market was not as robust as Target and others believed it was going in.?
Stephens says they opened too many stores, too fast and took substandard locations that didn?t fit with consumer expectations of the brand.
He said Target also failed to merchandise and stock their stores to acceptable levels and ?spent a year making excuses for it instead of dealing with it.
"It all added up to an insurmountable failure that was costing them close to a billion dollars a year.?
Can you say fuck up
