Posted on 03/12/2021 7:39:10 AM PST by dynachrome
Target announced on Thursday that the company is downsizing its Minneapolis office space by moving out of City Center, a move that decreases its downtown footprint by one-third.
In an email to corporate employees, Target executives said its post-pandemic “Flex for Your Day” policy—a hybrid model that will allow both remote and on-site work—requires less office space, driving the decision to stop its lease of nearly one million square feet at City Center. The
The 3,500 employees who worked at that location will be relocated to another Minneapolis location or Brooklyn Park. There are no lay-offs due to the move.
Target’s announcement is poised to have impact far greater than just shedding office space. Businesses located in the heart of Minneapolis rely on foot traffic of peopl
(Excerpt) Read more at minnesota.cbslocal.com ...
Target supports the move left, and then runs from it.
I can’t adequately express how much I hate the left.
They were tired of being a ‘target’.....................
I guess they didn’t pay enough protection money to antifa and black lives matter.
The new technologies and the underlying pervasive lawlessness have been a death blow to American urban centers. Even the huge amounts of Federal aid will not revive them.
This could become a big trend. Companies don’t need nearly a much office space with employees working off site much of the time.
And if there is fear of being in big cities, it just magnifies the problems of commercial real estate. Commercial real estate may well experience a depression in that business. The demand for office space will simply not be there.
I guess Minneapolis these days is a far cry from what it was when Mary tossed her hat.
If you care about your safety you’ll stay out of Minneapolis and St. Paul. Liberals are ruining two formerly great cities. What a surprise!
Target. A good place to invest, if your ‘target’ is losing money. Left wing idiots, they came to Canada, lost several billion dollars, and left after less than two years in business. They bought the rights to ‘Zellers’ locations but did not offer the employees jobs, only interviews.
I am not disappointed whenever I hear of ‘Target’ having troubles. Most of their troubles, they bring onto themselves.
Impaled on their own woke.
a bud of mine is a store director for them.
They are one of the MOST leftard WOKE companies out there. All store directors know how much damage the HQ got from the BLM. Based on the memos he gets weekly, these idiots at HQ deserve every ounce of financial loss they get.
“Based on the memos he gets weekly, these idiots at HQ deserve every ounce of financial loss they get.”
I know people who have worked for them, and they report the same thing, that Target is as woke as it gets.
I won’t shop there, I hope they fold.
Did BLM deface her statue in Minneapolis?
“Left wing idiots, they came to Canada, lost several billion dollars, and left after less than two years in business. They bought the rights to ‘Zellers’ locations but did not offer the employees jobs, only interviews.”
I know. I’m from Vancouver. I was there on the last Christmas they operated at the former Zellers location at Metrotown. It was like any store in Cuba: EMPTY SHELVES. Never saw anything like that in North America. There was an article by the Toronto Star on why they failed and these clowns did not anticipate supplier logistics in Canada which is more limited than in the US. Not only that, the suppliers supposedly intentionally screwed up deliveries because they had an arrogant approach to dealing with them unlike Walmart.
My bud is probaby the only store director who refused to put Biden and Harris books at the book section end caps after the election. He said he did to corporate, but he placed other books. Black history month, when he saw moochelle obama pics at HR as told by HQ, he threw it in the garbage lol. HQ literally tells the director what lefty sh*t they have to place at HR, and most of them he doesnt do.
I posted about a loony experience just yesterday with Target first notifying me that an out of stock item had finally come back in, only to deny me delivery of said item because of my particular zip code. I ordered the item from another store.
I’m no fan of Target, but their stock has done very very well in the past 4 years.
Hmmmmm.....
I wonder why they are moving?
There must be a reason.
That’s a pretty big and expensive shift.
Run, you chickens, run!
Screw everything up and then run away congratulating yourselves on your intelligence and bravery!
“I can’t adequately express how much I hate the left.”
Why? It’s the people running Target that we should be mad at, and the people who let the Left take over.
The ‘weakness’ in our Constitution is that it does allow subversives to slip-in (through it’s freedoms and rights), if we’re not actively rooting them out. We stopped doing so in the 1960s. Now we pay.
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