Thanks for the personal attack, saying I sound uneducated. It doesn't prove your point.
If I may summarize your point ... You say, " ... no guaranteed reward." Do you GUARANTEE these changes will be successful? Doesn't that depend on your definition of successful.
My point is, if people want to go to these other successful places, why come to Target? If these retailers are already successful using these systems, why come to Target? Just go to those places.
I disagree about Target being in the grocery business. In my area, I don't know anyone who sees Target as a grocery destination. No one has ever said to me ... I'm going to the grocery .... And heads to Target. The stores here don't devote enough space to it. The prices and choice aren't competitive enough.
And lastly, all these changes are costing money. The u-boats for example. So your implication of it being cost free AND a guaranteed success aren't facts. They are opinions.
It wasn't a personal attack, your statement appeared uneducated, there was no reasoning attached to it. I meant it in a traditional sense, but maybe not the best delivery I can admit.
Yes, those changes will bring good results, they're already proven to do so by other retailers.
As far as grocery, you basically validated my point. Target spent a lot (A looooot) of money trying to compete with grocery via pfresh, and failed to meet demand because of a poorly optimized supply chain. By the time adjustments were made, buyer behaviors had been formed and target just wasn't a destination.
Implementing change does cost money, but implementing changes which have already been proven to work in your industry is inherently less risky than innovating, conversely it also pays off less.
You either make money or you don't. This could be done through a myriad of options, but ultimately you're increasing same store sales or you arent. "Successful" isn't an opinion.
Edit:
Closing stores isn't a trend. It's a result, of an industry wide trend of loss of sales to ecommerce.
No one is attacking you, why do you seem so defensive?