Target is not the target anymore for customers, I’ll see myself out now…
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Well that took long enough. This guy has been running Target into the ground for years. Will the next CEO be any better, or just more of the same?
Edit: Nevermind, the idiot is staying on as chairman. Nothing has really changed.
I kind of agree with the general sentiment that maybe they should have selected an outsider. The DEI bullshit wasn't just a "whoopsie" and Target has been declining for years, even if there was a lag in the official numbers.
It's been a long time since I looked at Target and saw a strategy other than "let's wait and see what Walmart's doing and then just do that". Generally speaking, people who shop at Walmart expect (and in some perverse way demand) an ever shittier experience and drop in quality. I just don't foresee a continuation of Target's strategy from the past decade or so being a realistic long term strategy. Walmart, Amazon, and Dollar General will be the way of retail at this pace.
Granted, I'm not Target's target audience. I used to buy a lot of clothes there, then the quality on that dropped while prices shot up, so I just stopped. And I used to use their e-commerce site more often when they didn't have third party sellers, but once they added those, there was no longer any differentiating or compelling reason to go there other than to buy something I could get $2 cheaper at Walmart, $4 cheaper on Amazon, or $8 cheaper on Temu.
Outsider won’t do much. Probably bring on the same MBA asshole like the Starbucks CEO that "super commutes"
When in Florida I can buy groceries at Publix, Walmart, Target, or ALDI. I avoid Publix for many reasons but I end up getting most groceries from ALDI and Walmart because Target simply doesn't have shit. Their stores are not small, but the grocery segment are always an embarrassment.
Target does lean weirdly heavy into clothes and home goods now days. Their target customers must be a strange niche.
What? That's what they've always done. They've been a combo department store and small grocer for decades. Their demographic is middle-class white women too snooty for Walmart but not so wealthy for luxury brands.
For clothes, they used to compete with Old Navy and not Walmart.
Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Wednesday. “Target, which used to be very attuned to consumer demand, has lost its grip on delivering for the American shopper.”
They could have a very niche demographic or maybe their just out of touch.
Go woke, suck Trump, go broke.
We need a better tagline. I hate to say it but go woke, go broke rolls off the tongue. Even though it's clearly wrong. Go trump, fall into a slump.
Just replace the comma with "or". Go woke or go broke.
Go fash, run out of cash.
Go fash and crash