Close X
Monday, November 18, 2024
ADVT 
National

Target generated buzz with fashion but felled by pricing, niche focus: experts

Darpan News Desk The Canadian Press, 15 Jan, 2015 11:56 AM

    TORONTO — Target generated big buzz north of the border with a Jason Wu pop-up shop, splashy presentations at Toronto's World MasterCard Fashion Week and collaborations with homegrown brands such as Roots and Beaver Canoe.

    The designer partnerships and limited-edition fashion lines were a big selling point for the discount retailer, but they couldn't draw enough foot traffic and sales to help keep Target afloat in Canada.

    The Minneapolis-based retail giant announced Thursday that it would be closing up shop in Canada, a move that will impact 133 stores.

    Michael Mulvey of the University of Ottawa says the buzz generated by the company was "overwhelmed with discussion about price."

    Mulvey says Canadians are experienced at cross-border shopping and their expectations didn't match up with the selection of merchandise at Target's Canadian stores.

    Marketing expert Brynn Winegard says there was a niche audience who appreciated Target's designer partnerships, but it didn't translate to the wider mass market.

    Mississauga, Ont., blogger Lena Almeida says she liked to go to Target to check out the fashions but wasn't enticed to shop there for any other goods.

    MORE National ARTICLES

    Police charge teens who were missing in remote Saskatchewan last month

    Police charge teens who were missing in remote Saskatchewan last month
    SOUTHEND, Sask. — Police are charging five teens who were missing for several days in northern Saskatchewan last month before they were rescued.

    Police charge teens who were missing in remote Saskatchewan last month

    Thermal bather accused of threatening endangered snail in Banff National Park

    Thermal bather accused of threatening endangered snail in Banff National Park
    BANFF, Alta. — A man has been charged for taking a dip in a thermal pool that is home to a tiny endangered mollusk in Banff National Park.

    Thermal bather accused of threatening endangered snail in Banff National Park

    Families of missing, murdered aboriginal women must be part of roundtable: AFN

    Families of missing, murdered aboriginal women must be part of roundtable: AFN
    WINNIPEG — Chiefs from across Canada say the families of missing and murdered aboriginal women must have a seat at an upcoming national roundtable on the issue.

    Families of missing, murdered aboriginal women must be part of roundtable: AFN

    TVA shareholders seek investigation of deal-making within Quebecor group

    TVA shareholders seek investigation of deal-making within Quebecor group
    MONTREAL — Some shareholders of Quebec's largest French-language television network, TVA Group, are seeking an investigation into numerous transactions and a proposed $118-million acquisition of a studio company.

    TVA shareholders seek investigation of deal-making within Quebecor group

    Tougher financial rules must allow for 'natural' market forces: BoC governor

    Tougher financial rules must allow for 'natural' market forces: BoC governor
    OTTAWA — Bank of Canada governor Stephen Poloz says it was crucial to tighten regulations following the 2008-09 financial crisis but reforms must leave enough room to allow for the creativity of "natural" market forces.

    Tougher financial rules must allow for 'natural' market forces: BoC governor

    Review warns government that cost of replacing Canada's CF-18s is rising

    Review warns government that cost of replacing Canada's CF-18s is rising
    OTTAWA — The Harper government is being warned that there's increasingly less wiggle room in its $9 billion budget envelope, if it intends to buy the F-35 stealth fighter.

    Review warns government that cost of replacing Canada's CF-18s is rising