Which major retailer lost approximately $1 billion in its failed geographic expansion into Canada, closing all 133 stores just two years after entering the market?

Expanding retail operations into new geographical markets is filled with challenges that even industry giants sometimes fail to navigate successfully. Cultural differences, local consumer preferences, regulatory frameworks, and supply chain complexities can derail even the most carefully planned international expansion strategies. This trivia question highlights one of the most notable retail expansion failures that became a textbook case study in what not to do when entering foreign markets.

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Target
Walmart
Carrefour
Tesco