From a former Target executive
https://www.forbes.com/sites/christopherwalton/2025/11/03/target-is-acting-like-a-company-preparing-for-acquisition/
4 replies (most recent on top)
Dude's last role at Target was as a "VP" with 30 people underneath him. There's Directors with more than that and L8s with far more. But yeah, he's definitely plugged in and has tons of insight by leading the "Target of the Future" team in 2016.
Idk about wholesale privatization but the way Shipt is being marketed to other merchants seems to fit the view that they want to sell it to someone.
Timing? The Timing is because of WARN, and wanting to book severance charges in Q1 2026. It's called "layoff season" for a reason.
Everything else is just wild speculation based on peoples wet dreams of combining the retail might of Target with the efficiency of Amazon, and a journalist needing some space in a magazine to fill.
Now... if Target stock were to take a nose-dive over the next few years, sure, it could happen.
@OP debt is too high and they’d have to sell for cheap which shareholders won’t appreciate