Live Poll Results — Which retail giant lost approximately $2.9 billion when it abruptly closed all 1
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Historic Retail Failures: The Cautionary Tale of a Billion-Dollar Blunder
Retail history is filled with ambitious ventures that crashed spectacularly. Some failed due to market timing, others from misreading consumer preferences, and a few from fundamental strategy errors. This trivia question explores one of the most expensive retail expansion failures in North American history - a cautionary tale that business schools still teach today. Test your knowledge of this historic retail disaster that changed how companies approach international expansion.
Which retail giant lost approximately $2.9 billion when it abruptly closed all 133 of its Canadian stores in 2015, just two years after entering the market?
Poll Type: Trivia | Total Votes: 0
| Option | Votes | Percentage |
|---|---|---|
| {'choice_text': 'Target', 'is_correct': True} | 0 | 0% |
| {'choice_text': 'Walmart', 'is_correct': False} | 0 | 0% |
| {'choice_text': 'Kmart', 'is_correct': False} | 0 | 0% |
| {'choice_text': 'Sears', 'is_correct': False} | 0 | 0% |