'Lost their identity': Why Target is struggling to win over shoppers and investors
1. Target faces declining customer loyalty and store traffic post-pandemic. 2. Shares have fallen 61% since late 2021; annual revenues stagnant. 3. Leadership changes, including CEO succession, loom amid these challenges. 4. Target’s diversity efforts rollback has alienated some customers. 5. Competitors like Walmart are gaining market share from Target.