EXCLUSIVE Target staff panic about store closures and job losses after cultural madness led to huge sales slump: 'We are cooked'

Daily Mail UK ^ | May 24, 2024 | BEN SHIMKUS,

[Morgana]

Target is struggling. Employees are worried.

Online message boards used by hundreds of in-store staff are lighting up with fears about job security, increased workloads, and potential store closures.

'We are cooked,' one employee said on Reddit. 'Less and less hours with little to no change with what the expectations are from us all.'

Another wrote: 'All we can do is ride it out and hope for the best. If it comes down to it, prepare a resume just in case.'

Several workers have also posted TikTok videos showing backrooms overwhelmed with merchandise that hasn’t made it to the sales floor — alleging that understaffing is leaving them buried.

'I hope these go viral so the corporate people might rethink how they unstaffed their stores and expect spotless departments,' one employee commented on a video showing mounds of backroom clothing.

Target hasn't responded to DailyMail.com's request for comment on the employee predictions and complaints.

But two days ago, the company released its quarterly earnings, which badly missed Wall Street's expectations.

'Target has found itself in a challenging position,' Neil Saunders, a retail expert at GlobalData, told DailyMail.com.

'The business is not terrible, but it is under pressure and that is causing nervousness among associates.'

Fewer shoppers went into Target stores during the last quarter, and when they did, they spent less money.

The company reported $23.85 billion in sales during the last quarter, a 2.8 percent drop from the previous three-month period. Analysts predicted the store would make $24.23 billion.

[Peter ODonnell]

Time to rebrand, FAFO Warehouse might work.

[Getready]

Their merchandise is overpriced mediocre quality. Doubling down on transgender psychosis , and DEI, drove away more customers. The stockholders and important stakeholders need to get rid of their social stances with great prejudice and go back to lower prices. Otherwise, they are dead as a company.

[minnesota_bound]

Ceo of Target: We need more lesbians and transgenders in the childrens dept!

Last year I saw at Walmart in Porter Ranch, Calif that they had employees that had big nose rings from the below the nostrils and piercings on the side of nose and lower lip and that was a couple of guys....
They disappeared within a month or so. Maybe shifted to the late shift when customers are no longer around. Or promoted to an office.

[Hot Tabasco]

The company reported $23.85 billion in sales during the last quarter, a 2.8 percent drop from the previous three-month period.

To be fair, the prior period included the Thanksgiving and Christmas holiday seasons of shopping.

[trebb]

Kind of ironic - a couple weeks ago, folks were going off on Walmart because one of its 2 million+ employees went off and accused a person of shoplifting - and they were praising Target for “being sure” before they let the shoplifters go...

Target will have “issues” because they didn’t pay attention on how going left-wing woke took Kmart down...

[Tom Tetroxide]

Target’s highest stock price was $261.54 on 13AUG2021.
Today, 3JUN2025, it closed at $95.78 for a loss of $165.73 or 63.4%.