Over the past few years, Target has changed a lot and nowadays doesn't look anything like the company I started working for. I think it used to be one of the best retail chains to work for. Unfortunately, the changes are for the worse. Some coworkers have gone to the competition already and there will be more such cases in the future. How and why is Target losing its competitive advantage?
11 replies (most recent on top)
Lol how do you know about the number of yachts owned by the ceo?
If you step out of the twin cities metro or away from sf metro, no one gives a rats a-s about target.
I feel OP is an old timer at TGT. The company has toxic subcultures as is the case with many large old companies. I had a chance to work in one for a couple of years.
Didn’t really see a competitive advantage time. What I did see was the most toxic catty culture I had ever worked in. There is an assumed dignity, empathy inside a workplace which sadly was missing. as luck would have it, given the dismal performance on the stock market, maybe layoffs would be on the cards.
We might just witness negative eps this year.
The C Suite sold their souls to appease political leftists. That is what is most important in this company.
lack of direction can’t count as a competitive advantage either.
A catty high school like toxic work culture is not a competitive advantage.
The number of yachts owned by the CEO is not a competitive advantage.
Selling goods at 10-20% markup is not a competitive advantage.
Selling goods at 10-20% markup is not a competitive advantage.
Did it ever have a competitive advantage to begin with?