Posted Jan 15, 2015, 4:31 PM
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Registered User
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Join Date: Aug 2009
Posts: 18,842
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Not really surprising, although I am a little surprised they went right to liquidation without trying something else first.
Business pages today are obviously being filled with what went wrong articles, but I'm not sure there was ever room for them. Target in the US is the "superstore that isn't Walmart" in a country where a huge population lives in exurbs or rural areas and a lot of people do most of their shopping at superstores.
Canadians mostly live in suburbs and suburban Canadians shop at big box malls where there are lots of "not walmart" options (Loblaws, crappy tire, costco plus more specialized big box stores) and Walmarts are generally nicer than their US counterparts.
St Laurent is a disaster, not idea what could go there it is too close to trainyards and st laurent mall. I could see Walmart taking a crack at a few other locations.
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