It's official: Target heading north
November 17, 2010,
Minneapolis - In the 1990s, Kmart tested international retailing in Mexico and then-Czechoslovakia and ended up retreating. Wal-Mart headed across the border and kept on going. Target, known for exercising prudence, did not follow.
That will change next year, when the chain will branch out into Canada - a move the company hinted at earlier this year and confirmed during today's quarterly conference call.