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J Rogers Kniffen: Big part of Target's problems are operational

CNBC · New
CNBC
CNBC
New

Jan Kniffen, J Rogers Kniffen Worldwide CEO, joins 'Power Lunch' to discuss Target's new CEO, what to expect from Target and much more.

Breakdown
  • Jan Rogers-Kniffen identifies operational problems, such as store appearance and staffing, as key issues for Target. 41s
  • The market is skeptical about promoting an internal operations-focused CEO to address these challenges. 58s
  • Target's strategic shifts, including grocery expansion and entry into Canada, are seen as missteps. 2m 39s
  • Target excelled during the pandemic with curbside and in-store pickup, but struggles to maintain efficiency post-pandemic. 3m 13s
  • Kniffen ranks Target behind Walmart, Costco, and other major retailers, citing operational inefficiencies. 4m 26s
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