Goal’s entry into the Canadian market in 2013 was its first foray in worldwide growth.
A mix of intensive renovation wants, a flawed merchandising system, tight time-frame and insufficient management had been a number of the causes the big-box retailer determined to shut all 133 stores in the country in 2015.
Goal doesn’t intend to develop internationally anytime within the close to future and is as a substitute narrowing its give attention to its at-home operations. Firm revenue plunged nearly 90% during the second quarter from the year-earlier period on an extra of undesirable stock. It plans to completely renovate 200 existing stores and open 30 more in 2022.