1.) More reductions: 25% workforce (US), 50% Leadership, and 75% TI. (Sorry TI, but the ROI really isn't there for a smaller, more nimble company.) 2.) Find a way to sync up with Amazon, both with Target.com (which also needs to be ditched), AND in the stores. Come up with a hybrid in-store/online shopping experience. Use Amazon (you will need to pay them dearly) to develop new shopping tech. I know this hurts your pride and all with .com, but Leadership does not know how to run with the big dogs online. 3) Use the new Target Express model for stores, and close many of the Super Targets. The 1990's are over, people. Walmart wins the "Giant store" wars (even though they are a dump). 4.) Stop with the silly "Whole Foods competitor" talk. You aren't Whole Foods, and never will be. If people are buying groceries at Target they either A.) Need a couple things, or B.) Are poor. Frankly a lot of your grocery goods could be sold solely online as well. 5.) Move HQ to TNC, now. Minneapolis overhead is way too costly. Sure it isn't all hip and metro-ish, but neither is Target (anymore). Buy-out the downtown leases, cut your losses (including that silly adult playground!) and get out of downtown. You're welcome, BC.
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"we ditched Amazon to be in control of online destiny"? Sure if your destiny is to drive the company into the ditch. Nobody as any passion there except for the greenback and that can only lead to poor choices and fatefully the end of the road.
Would you like some fries with that ?
Personally feel cookies would help
Target has a real battle because the world has changed. Amazon really has taken the world by storm. I love target stores, when I do shop, it is at Target. But, I needed supplies for my small lodging business. At Amazon, from my desk at home, no drive, no traffic, no wasted afternoon, I bought needed items. Desk lamps, Sheet Sets, Bathroom accessories, towels etc. All in minutes, all after a careful price check, quality check (vie customer reviews and product ratings). The reviews are a massive help! The selection is near infinite. Price checking the same goods, or same quality goods. Learning if something is cheaply built of good value. How can a store front operation beat that? Answer? It can not. My last job disappeared in 10 years from internet replacing my business. Less than a decade and my job was in the history books! Target employees, you are now going down the same road I walked. I had to change my work life totally!
Hey Donald, don't step on Casey's gig.....he is the strategy guy. Not sure what he has done, but did make killing on selling his options.
Uhhhh.....we ditched Amazon to be in control of online destiny.
Nothing wrong with cutting some fat, just learn to do it right.....these guys are amateurs.