page_title: History of Target Corporation
section_title: Target Canada
hierarchical_section_title: History of Target Corporation / 2011–2015: Initiatives, Canada and Data Breach / Target Canada
caption_attribution_description: Target Merivale Rd Nepean (Ottawa) ON 2
context_page_description: The history of Target Corporation first began in 1902 by George Dayton. The company was originally named Goodfellow Dry Goods in June 1902 before being renamed the Dayton's Dry Goods Company in 1903 and later the Dayton Company in 1910. The first Target store opened in Roseville, Minnesota in 1962 while the parent company was renamed the Dayton Corporation in 1967. It became the Dayton-Hudson Corporation after merging with the J.L. Hudson Company in 1969 and held ownership of several department store chains including Dayton's, Hudson's, Marshall Field's, and Mervyn's. In 2000 the Dayton-Hudson Corporation was renamed to Target Corporation.
context_section_description: On January 13, 2011, Target announced its expansion into Canada, when it purchased the leaseholds for up to 220 stores of the Canadian sale chain Zellers, owned by the Hudson's Bay Company. The deal was announced to have been made for 1.8 billion dollars. The company stated that they aimed to provide Canadians with a "true Target-brand experience", hinting that its product selection in Canada would vary little from that found in its United States stores.
  Target opened its first Canadian stores in March, 2013, and at its peak, Target Canada had 133 stores.  However, the expansion into Canada was beset with problems, including supply chain issues that resulted in stores with aisles of empty shelves and higher-than-expected retail prices.  Target Canada racked up losses of $2.1 billion in its short life, and the store's botched expansion was characterized by the Canadian and US media as a "spectacular failure", "an unmitigated disaster",  and "a gold standard case study in what retailers should not do when they enter a new market."
  On January 15, 2015, Target announced that all 133 of its Canadian outlets would be closed and liquidated by the end of 2015.  The last Target Canada stores closed on April 12, 2015, far ahead of the initial schedule.
caption: Target store in Laval, Quebec, Canada.
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