Target Australia - Time to improve profitability
Mina MIKHAIL - MBA
ICT Transformation Consultant | Systems Integrator | DevOps | Spatial | Energy | Healthcare | Government
Target Australia target performance has been dropping year after another.
From my perspective, I believe that:
The company (Wesfarmers) managers have been working on:
1- improving processes, reducing operational costs.
2- changing range
3- changing layout
And a few other things ... Which may work for a very short/limited period of time.
Target problems are mainly the following (inside-out) i.e things that people don't see to things that people can see.
1- products are a bit expensive
2- it competes with Kmart Australia .. it is interesting to mention that Kmart is taking over target and #bigw.. (positioning and segmentation problem)
3- people don't know what target is or what it is about.
Yes, we know it's a big name most people know it but the fact is the society is changing too. Be we have too many immigrants now who don't know what it is.