YouBet said:
Interesting times for retail. Amazon has single-handedly disrupted the entire industry throughout the supply chain. On the logistics side of this, companies are still trying to figure out how to react and plan appropriately for Amazon's entry into air. It's greatly impacted UPS specifically. FedEx not as much, yet.
Regarding Target, the other angle not yet mentioned is CVS and Wal-Greens. They are as prevalent as Starbucks in an urban/suburban area...especially urban. We haven't set foot in a target in a few years simply because we typically only need a few things and it's a hell of a lot easier getting in and out of one of the dozens of CVS stores near us than going to Target. I would love to see Targets take on how they consider these two in their competitive analysis and strategies. They are basically mini-Targets at this point. With CVS, even the colors and logo are similar to Target. Throw in that most people probably have their employer based drug plan set up at a CVS or Wal-Greens and you have another built-in reason to go there.
I agree with that, and basically use CVS/Walgreens as my first choice unless it's something I don't think they have.
BTW, didn't Target turn over/sell their pharmacy to CVS?