Who is Target? Rediscovering Retail Identity With New CEO
Schwab Network · Schwab Network
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Show Notes
Nick Raich and Jamie Myers debate Target (TGT) earnings and the new CEO. Jamie thinks Target has lost its identity and so is struggling to compete in a difficult retail market. Nick says the market “needs proof” that the new CEO won’t bring “more of the same” strategy. They talk about what Target should do to find its footing again, including potential store closures and ways to entice customers. They also look at Target’s financials, with Jamie concluding it has a “long way to go.”
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