I agree with most posts on this thread. Target as a company is in a real bind. While infinitely better run than the train wreck that is Sears-Kmart, they have neither the "value" business that Walmart gets nor the real higher end stuff that can attract specialty business. It's nice but-middle-of-the-road housewares and fashions are especially vulnerable to online competition. And unlike Walmart, they have not massively invested in online sales. They have had a disaster in their pharmacy and grocery divisions [[pharmacies are now outsourced to CVS & they keep replacing grocery management as they are unable to realize either significant profits or foot traffic generation goals). They are beset by the troubles facing most major retailers. This could be a company that in the end could do everything correctly to stay in business, and still find that the shopping dollars went elsewhere.