Anne D’Innocenzio, Associated Press

Target Corp. reported a loss in its fourth quarter, dragged down by costs to end its money-losing foray in Canada. But the discount retailer recorded strong sales as shoppers bought more clothing and other items over the holiday period.

The results, which included the second consecutive increase in a key sales measure in a year, come a little more than a month after the discounter announced it was giving up on Canada and focusing on revving up its U.S. business.

http://business.financialpost.com/2015/02/25/target-corp-blames-loss-on-canada-pullout-but-reports-strong-sales-gain-in-u-s/