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Integer fermentum elit in tellus. Integer ligula ipsum, gravida aliquet, fringilla non, interdum eget, ipsum. Praesent id dolor non erat viverra volutpat. Fusce tellus libero, luctus adipiscing, tincidunt vel, egestas vitae, eros. Vestibulum mollis, est id rhoncus volutpat, dolor velit tincidunt neque, vitae pellentesque ante sem eu nisl. Donec facilisis, magna eget elementum pellentesque, augue arcu aliquet eros, eget convallis mauris ante quis magna. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Aenean et libero. Nam aliquam. Quisque vitae tortor id neque dignissim laoreet. Duis eu ante. Integer at sapien. Praesent sed nisl tempor est pulvinar tristique. Maecenas non lorem quis mi laoreet adipiscing. Sed ac arcu. Sed tincidunt libero eu dolor. Cras pharetra posuere eros. Donec ac eros id diam tempor faucibus. Fusce feugiat consequat nulla. Vestibulum tincidunt vulputate ipsum.

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  • Comment Link MichaelBip Sunday, 07 September 2025 02:52 posted by MichaelBip

    Target is in trouble. And while it’s easy to get lost in the company’s recent (poor) handling of American culture war narratives that cast it as too “woke” or too willing to cave to online fascists, the root of Target’s problems runs deep.
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    Don’t get me wrong – the massive consumer boycotts from Black organizers have done damage. And there are probably folks on the far right who think even Target’s toned-down, overwhelmingly beige Pride merch this year was still too loud.
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    But its stock is in the gutter and sales have been falling for two years because of good ol’ business fundamentals. It overstocked. It lost the pulse of its customers. It went up against Amazon Prime with… actually, does anyone know what Target’s Amazon Prime competitor is called?
    The brand we petite bourgeoisie once playfully referred to as Tar-zhay has lost its spark. The company reported a decline in sales for a third-straight quarter, part of a broader trend of falling or flat sales for two years. Employees have lost confidence in the company’s direction. And 2025 has been a particularly rough financially, as Black shoppers organized a boycott over Target’s decision to cave to right-wing pressure on diverse hiring goals.
    Shares were down 10% Wednesday.

    It’s not to say the new guy, Michael Fiddelke, is unqualified. He’s been at Target since he started as an intern more than 20 years ago, after all. But Wall Street is clearly concerned that Target’s leadership is underestimating the severity of the need for a significant change— just as President Donald Trump’s tariffs on imported goods threaten the entire retail industry.

    Appointing a company lifer “does not necessarily remedy the problems of entrenched groupthink and the inward-looking mindset that have plagued Target for years,” Neil Saunders, an analyst at GlobalData Retail, said in a note to clients Wednesday.

    Missing the mark
    In its 2010s heyday, Target became a go-to for consumers who liked a bargain but didn’t necessarily like bargain-hunting. The shelves felt well-curated. You’d go to Target because it had one thing you needed and 12 things you didn’t know you needed. It was stocked with Millennial cringe long before Gen Z gave us the term Millennial cringe.

    Target’s sales held strong through the pandemic as remote workers set up home offices and stocked up on essentials. Months of lockdown also benefited the store as people began refreshing their spaces because they didn’t really have much else to do and they were staring at the same walls all the time.

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