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