Wal-Mart Canada Shops At Target; Gets 13 Stores

Target Canada’s closure had left behind a wide network of stores up for sale, but Wal-Mart has shown its interest in only a few. The threat of self-cannibalization would have made Wal-Mart a little reluctant in going after Target stores, but Loblaw (Wal-Mart’s main competitor now) was showing interest in Target’s assets, and Wal-Mart would not have wanted to allow Loblaw that competitive advantage.

Vía Forbes Real Time http://ift.tt/1Fbb5Uv