BUSINESS

Timeline of Target in Canada

01/15/2015 01:28 EST | Updated 03/17/2015 05:59 EDT
TORONTO - Target Canada Timeline

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2013

March 5 — U.S. retailer Target Corp. opens first of three pilot Canadian locations in Guelph, Fergus and Milton, Ont.

March 18 — Adds 17 Ontario locations

May — Launches 24 stores in Alberta, B.C. and Manitoba

May 16 — Announces exclusive collaboration with Beaver Canoe by Roots Canada

May 22 — Reports $86 million in sales for its first quarter.

September 17 — Opens three locations in Nova Scotia

October 23 — Opens stores in New Brunswick, P.E.I. and Newfoundland

October 30 — Executives admit Target's Canadian launch was weaker than expected

December 19 — Target Corp. announces 40 million credit and debit card accounts may have been affected by a recent data breach at its U.S. stores

2014

January 10 — Revises estimates on the data breach, now says about 70 million customers may have been affected

January 23 — Target Corp. lays off 475 employees worldwide but none in Canada

May 5 — Target Corp. chairman, president and CEO Gregg Steinhafel resigns from the company amid fallout from the data breach

May 20 — Tony Fisher, president of Canadian operations, is replaced with 15-year company veteran, Mark Schindele

July 31 — Target Corp. taps former PepsiCo executive Brian Cornell to be the retailer's new CEO

August 20 — Target Canada admits it opened too many stores in Canada too quickly

2015

January 15 — Target Corp. announces that it will be closing all 133 locations in Canada