What was the term used by the Financial Post to describe Target Canada's failure?
A cautionary tale
A gold standard case study
A spectacular failure
An avoidable disaster
Answer
The Financial Post referred to Target Canada's failure as "a gold standard case study in what retailers should not do when they enter a new market." The company's aggressive expansion and inability to compete with established retailers led to its downfall.
Target Canada: How much do you remember about the short-lived discount department store?