Analyst says Target pull out not surprising

Analyst says Target pull out not surprising by News Staff Posted Jan 16, 2015 7:40 am MDT A senior instructor at the University of Calgary’s Haskayne School of Business says Target’s decision to pull up stakes in Canada comes as no big surprise, given their steep losses.However, the timing is.The U.S retailer announced Thursday it was closing all 133 stores across the country, throwing more than 17,000 people out of work.Lynne Ricker with the Haskayne School of Business tells City News, she is surprised they gave up so quickly, after just two years.“Everybody can see their original mistake not having enough products on the shelf when you open. Customer expectations were pretty high; Canadians were pretty familiar with Target. They knew what to expect when they went into the stores, Target didn’t deliver that,” she said.Ricker says it’s hard to recover from a bad first impression. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more