In a release early Thursday, the U.S. retail chain said it will close all its locations in Canada. There are 133 stores across the country with about 17,600 employees.
The company launched in Canada in March 2013, not quite two years ago.
'I think they overestimated the reception they would get.'- Mandeep Malik, McMaster University retail analystBut after high expectations, the chain failed to deliver right out of the gate as customers faced higher than expected prices, and empty shelves as the retailer had problems with its distribution chain."
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