Retailers reap rewards after Target's exit from Canada

Several retailers are seeing an upswing in sales since Target left Canada. Loblaw and Canadian Tire Corp. posted strong fourth quarter results. And Walmart is doing especially well, posting higher fourth quarter sales thanks to the payoff from their newly expanded grocery initiative. One of Target's missteps in entering Canada was giving its rivals a two-year advanced notice—enough time to strategize and brace for the impact. Story