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A Target miss, by pretty much every metric Add to ...

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If you doubted the need for Target Corp.’s shakeup of its Canadian operation and management team, the company’s latest financial results lay out the problems in cold, hard numbers.

The U.S. retailer, which launched in the Canadian market with great fanfare a little more than a year ago, reported Wednesday that its Canadian segment lost another $211-million (U.S.), before taxes, in its fiscal first quarter ended May 3. The Canadian operations have now lost nearly $1.2-billion in five quarters of operations.

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