Target To Shut All Canadian Stores By April 12

Target Corp. said Wednesday it plans to shut all of its 133 Canadian stores by April 12. It's already closed Target Canada's three distribution centers and Mississauga headquarters. The No. 2 U.S. discounter said in January that it's exiting its money-losing Canada business because it didn't see the region getting to profitability until at least 2021. Related: Target learns Canadians aren't like Americans