Which major American retailer failed spectacularly when expanding to Australia in 2011-2013, closing all 133 stores after losing approximately $1.5 billion due to poor geographic market analysis?

Major retail chains have attempted to expand internationally with varying degrees of success. Some expansions become case studies in global retail strategy, while others serve as cautionary tales of misunderstanding local markets. This trivia question explores one of the most notable retail expansion failures that became a textbook example of geographic missteps in retail strategy.

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