Target’s shares have plummeted and annual sales have stagnated for four years. Customers, vendors and former employees told CNBC that the discounter has lost some of the unique traits that helped it stand out, including its eye-catching merchandise, attentive staff and well-kept stores. The big-box retailer is expected to gain a new leader, too, as CEO Brian Cornell’s contract winds down. Mary Molina of Westchester, New York, said she used to shop at Target once a week. She said she now buys more from Walmart and Amazon and makes Target trips once every two or three months instead of every week. Courtesy of Mary Molina
Shortly before a road trip in early 2024, Mary Molina realized her view of Target had changed.
Molina, a mother of five and entrepreneur who lives in Westchester, New York, said