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How a Single Inventory Mistake Cost Target 20 Billion
In 2013, Target expanded aggressively into Canada, opening 133 stores in under two years. The operational challenge was immense: a new supply chain, new distribution centers, and a different retail landscape. But behind the scenes, a single inventory management error—ordering the wrong mix of products for Canadian tastes—snowballed into empty shelves and overstocked backrooms. By 2015, Target announced its exit from Canada, writing off $5.4 billion. The episode breaks down how a flawed inventory assumption, compounded by rapid expansion, led to one of retail's costliest failures. Lucas…
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