New Target Chairman and CEO Brian Cornell is poised to make one of the biggest decisions of his professional career: whether to pull his new employer completely out of neighboring country. The fate of Target Canada after an extensive review is likely to be shared at the very latest on the company’s fourth-quarter earnings release Feb. 25. Who could be waiting in the wings to gobble up 133 Target stores and 3 distribution centers: Cornell’s former employer Walmart, which operates 391 stores in the region and views Canada as ripe for domination. Target Canada has been dead weight to Target’s financial statements since the company spent $1.8 billion in the fall of 2011 to acquire the chain’s leases from department store retailer Hudson’s Bay.
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