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Among the bragging rights ousted Target CEO Gregg Steinhafel might want to update on his resume 

: Target "is leading the way in upgrading payment security for consumers," 

The bigger problem for Steinhafel? Blame Canada, or at least the Target venture north.

 of photos Belus Capital Advisors' Brian Sozzi published in January of barren Target shelves in Canada.

"One almost is overcome with this creepy feeling (at least we are given our close tracking of the situation) that Target will go the way of many U.S. brands that ventured into Canadian retailing…extinct," Sozzi wrote in January.

Michael Olson

Author

Data breach? Yeah, but Target's failure in Canada had a lot to do with the CEO losing his job.

Target solved its payment security issues, but couldn’t solve Canada

Go Deeper.

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