Wednesday, November 4, 2015

Target closing 13 stores nationwide citing falling profits

I don't think this is good at all.  First Wal-mart, now Target?

The Minneapolis-based retailer plans to close the stores on Jan. 30. The 13 are among Target's nearly 1,800 stores in the U.S.

Target was hurt by a massive credit-card breach before Christmas 2013 that sent shoppers temporarily fleeing. The company also pulled the plug on a major expansion into Canada earlier this year.
Target officials say this isn't a company-wide problem.  Well, that's good to know.  Let's hope it stays that way.

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