Haha, the company isn't going anywhere for a while. KMart has been dying for years. Target started dying the moment Ulrich retired and Steinhafel took over. The long term vision is gone and it has been replaced by nothing other than short term gain. There is a reason that the slogan "best company ever" isn't around anymore. They're not even trying to hide it.
The thing that disappoints me the most at this point is the fact that Steinhafel doesn't feel as if he's made enough money and hasn't jumped ship yet. Retire dude. You've made your fortune... now get the fuck out, you greedy fuck.
Back to the point... Target's beginning of the end started when Ulrich retired, as I said. If we get a new CEO that is willing to steer us in a direction to remain profitable but not at the cost of the long term health of the company, we will be on track. Will the shareholders even allow that? Probably not, actually. So maybe we are fucked. There is no concern for long term health of the company. It got really big and some leeches decided to come along and suck the life out of it.
The biggest thing Target has going for it right now, and it's no small thing, is that they aren't Wal-Mart. It's literally the only reason to shop there at this point and there are no other nation wide options for a big box retailer.
As to how long it's going to take Target to die off, haha, at least a decade or two... unless the staffing cuts become so incredibly deep that the service dips to Wal-Mart levels or below, there will be a place for it.
But no, the past 60 days are not the beginning of the end because that started 7 years ago and no, we aren't going anywhere just yet.