Target Dates Canada Store Closures

Target Canada will complete its inventory liquidation and close the last of its 133 retail stores in the country on April 12. The retailer's three distribution centers and Mississauga headquarters have already been closed. 

The company has been winding down its Canadian operations since Jan. 15 when it decided to pull out of the country just two years after launching there.

“We are pleased with the results of the liquidation sales to date and the speed at which we have moved through the wind-down process,” says Aaron Alt, chief executive officer, Target Canada. “The court-approved real estate sales process is underway and is expected to be completed by the end of June 2015.”