Target to shut down Canada

Target Corp. said Thursday that it was giving up on its money-losing operation in Canada, and would shut all 133 of its stores there.

The company said its Target Canada subsidiary was seeking protection under Canada’s Companies' Creditors Arrangement Act, and that it would seek approval to contribute toward employee severance costs, and appoint a liquidator to oversee the wind-down of its stores.

Target entered Cana

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