Target's Woes Won't End Even If It Dumps Canada Operations
Written by: Brian Sozzi
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NEW YORK ( TheStreet ) -- Target Canada has stacked up a jaw-dropping $1.64 billion in operating losses since the business entered the development phase in 2011. Any new chief executive officer at Target, including interim leader John Mulligan should he be made official by the board after the holidays, will likely have to exit the Canadian business for the benefit of shareholders.