US businesses 'highly concerned' over hit from tariff retaliation
The US looks set reduce the tariffs imposed yesterday on Mexico and Canada – but ...
Last year, giant US retailer Target embarked on the first phase of its international expansion: Canada. It was a disaster.Never one to do things by half, the company opened 124 stores and three distribution centres over the course of a year and lost nearly $1bn.
A broken supply chain was at the heart of the catastrophe, said employees, who complained that “shipments of many products coming into warehouses did not match data in Target’s computer system”, creating bottlenecks as staff “scrambled ...
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