Target's Turnaround: A Retailer's Rebirth or a Fleeting Glimmer? Target Corporation has long been a stalwart of American retail, its familiar red bullseye logo ubiquitous in malls and strip centers across the country.
Despite its storied history, however, the Minneapolis based retailer has faced an uphill battle to stay relevant in a changing retail landscape.
A string of challenges – including cooling sales growth and shrinking margins – had many investors betting against Target's success.