Glenn Alperin's  Instablog

I'm probably going to say a few things here which would otherwise be considered politically unwise to say here.  I'd feel better about that if I got the whole disclosure thing out of the way first.

I own approxcimately 300 shares of Target stock, held long, vested in my Target 401k account under a Target stock fund.  I worked for Target for over six years.  The separation was not amicable for either of us.  I'll spare the details of what happened.  They are not so important to what I am writing about here anyway.

I learned much about the company, both how it projected itself to the outside world and how its internal functioning left me wondering on more than one occasion.  In the six plus years I worked for Target, I saw the company repeatedly make the same economic mistakes year after year.  Granted, one of those years was particularly rough economically, and while I have not stepped foot in a Target store since I left the company, I imagine that traffic is probably fairly light about now, and those who remain with the company as non-management hourly employees are probably well aware of how much Target does not really care for them right now.  Yeah, "Target the family" is great, but in tough economic times, family doesn't matter as much as survival and executive compensation at the top.