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HomeStratford NewsTarget announces closure of all Canadian stores

Target announces closure of all Canadian stores

Target is calling it quits in Canada.

The retailer has announced its decision to close all its stores in this country.

They operate 133 locations in Canada, including one here in Stratford.

According to the company they’ve lost $2.1 billion and couldn’t be profitable until 2021.

Target says they’re planning to compensate their 17,600 Canadian employees with four months of pay.

Photo: Target’s Stratford location

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