U.S.-based retailer Target has said it is spending more on its Canada market entry than expected and has managed to secure top retail locations ahead of schedule. The retailer said clarification on the number and the locations of its stores will be made within weeks.
The retailer is now expecting start-up costs for the market entry to $0.16 per share to $0.20 per share, a significant rise from the $0.10 a share previously forecast.
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