Target is in a bit of a hard spot.
Amazon on one side.
Walmart on the other.
A changing industry heavy on digital technology, ecommerce, and changes in the store experience.
Not everyone is going to get it right and the legacy merchants are going to have to craft a new path forward. Target's efforts resulted in a problem in its profit as it missed efforts.
Great analysis and an interesting look in to what is happening in retail in the United States today:
https://www.bloomberg.com/news/articles/2018-03-06/target-s-turnaround-plan-weighs-on-profit-as-it-chases-amazon
Happy Reading,
J.W. Gant
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