You may familiar with top retailers in the world like Marks and Spencer, Target etc,. But the answer for your question find below without any further delay.
Target was founded in 1902 and headquartered in Minneapolis, Minnesota, the second largest discount retailer in the United States, Walmart being the first. Target was ranked thirty-sixth on the Fortune 500 as of 2013 and is a component of the Standard & Poor's index. The first Target store opened in 1962 in Roseville, Minnesota. Target grew to become the largest division of Dayton Hudson Corporation. In 2000, Dayton Hudson was renamed Target Corporation to better reflect its core business. In March 2013, Target began its operation in Canada in 127 locations. By 2015, Target had 133 stores; but on January 15 of the same year, Target announced that it would be closing all the stores. I was not aware of all financial details, but here in the United States, most store managers felt Target made the right&cision to exit Canada. Target made a business decision to close all their Mervyn's stores and concentrate on other parts of the business. This was a good decision. Most Target managers or employees today (2016) would have little knowledge of Mervyn's and, to a lesser degree, their Canada operation unless they were employed for a minimum of six to eight Veal, ......
Hope you find the answer with above text snippet. You may read the rest of the book in below google books link.
Retail Yesterday and Today: A Journey of Untold Stories
https://books.google.com/books?isbn=1524563064
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