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Why Target Failed in Canada, Explained

Faulty Blueprint

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Why Target Failed in Canada, Explained

72 просмотра · 2 недели назад
Faulty Blueprint
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72 просмотра · 2 недели назад
In January 2015, Target announced it would close all 133 of its Canadian stores, wiping out an entire national expansion in less than two years. The company wrote down 5.4 billion dollars and posted a total net loss of roughly 2 billion dollars, one of the largest corporate retreats in Canadian retail history. This wasn't a company that lacked money, brand recognition, or retail expertise. Here's exactly how it collapsed so completely, so fast. In this episode of Faulty Blueprint, we break down why Target failed in Canada: impossibly high customer expectations built by years of cross-border shopping trips, a broken SAP inventory system that left warehouses full while shelves stayed empty, pricing that broke the brand's core low-cost promise, a narrower product selection than American stores, a real estate strategy built on poorly configured former Zellers locations, and a compressed rollout timeline staffed by an inexperienced leadership team with no room to course-correct. Target didn't fail in Canada because Canadians didn't want Target. They wanted it badly enough to already be loyal cross-border customers. It failed because the actual execution couldn't match the version of the brand they'd already fallen in love with. Subscribe to Faulty Blueprint, because every failure has a design behind it, and sometimes that design falls apart before the first customer ever walks through the door. 00:00 Intro 00:50 Impossibly High Expectations Going In 02:00 The Supply Chain That Never Worked 03:30 Pricing That Broke the Brand's Core Promise 04:45 An Underwhelming, Narrower Selection 05:45 The Real Estate Problem Hiding Underneath 06:45 An Impossible Timeline From the Beginning 08:00 The End 09:00 Putting It Together