Target does love the cheap china products.
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Target is out of touch with consumer needs - pricing, style, loyalty perks. They might be losing money in supply chain. More tariffs, in addition to all that, will bite them even more, as they are apparently one of the top ten importers.
TARRIFS?! This should be least of there worries. The service at most stores is terrible and embarrassing along with the vinventory being comical. Those responsible for keeping items on the shelves should be fired as most stores have empty shelves. Also, it has been observed that own brand pricing is much greater than the national brands!
Please do an audit on your stores and employees!
Tariffs are the least of Target's issues.
I think you framed the question broadly.
Will Target? Yes. Look how long Sears survived.
Will your career at major importing retailers? Less likely.
FWIW, I think the company was in for rough waters no matter who won. Q3 miss was before the election. Comps looking back to COVID era versus before underscores that the company, like many retails, benefited from artificial stimulus checks and people staying home and spending money on home goods. Think back before COVID: very few talked about the company as a massive engine of growth.