Sylvester also announced that Target would be bringing more products to its third-party marketplace, Target+, in an effort to diversify its ecommerce offerings without taking on additional inventory risk.
It’s all in an effort to win back trust from Target’s core customers, which executives repeatedly described as “busy families.”
“Our performance over the last few years has not met expectations, and that is on us,” Sylvester told investors. “We lost the clarity and the discipline that make Target a place loved by busy families.”
