Quote:
Originally Posted by jaradthescot
Fair enough, then, I suppose you are the exception. To be honest, in my experiences with Targets they seemed quite disorganized, but I never went to the Masonville location. I am surprised they are pulling the plug on the entire operation. I assume at least a couple dozen stores must be profitable.
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I know nothing about the inner workings of Target other than what has been reported in the news. However, I doubt any of the outlets were profitable up to this point, mainly due to the massive inventory issues. They likely had tons of overhead but low sales due to the inventory problems.
It's likely that some locations would have performed better than others, but the problem with closing many but not all locations is that they still would have had the overhead of distribution centers and distribution, and with far fewer stores to allocate the fixed costs across, the profit per store would likely have been worse if the number of stores was decreased.
They never should have opened nationwide so fast. That was ultimately what killed them.
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