When do we get in on Target?

I dont care how good a value it seems to be, I have a hard time believing they can even compete in a world in 10 years where Amazon is just the monster in the room. Sure their real estate is worth something as is walmarts, but id say Amazon is the retail name you want to be buying hand over fist today, not target

Is amazon even really that expensive? Its $330B? Thats really not that bad for what it could be on the path its on, I really dont see what could slow down its eventual domination.

I think it's a buy right now. As I stated from the beginning, I just don't believe the "principled" soccer moms are going to be able to stay away from TGT. Their default alternative is WMT, and that ain't happening.

I also disagree with the majority consensus on here that their sell off was 100% due to the crappy retail numbers. It is still trading at a discount and had not rebounded with other retailers. In short, the bathroom bullshite had a small effect on the stock.

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amazon, its a tad more money but with busy schedules, the time saved is worth it.

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Almost everything I buy is cheaper on Amazon than say Target. If you subscribe and save, it is way easier.

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I just don't believe the "principled" soccer moms are going to be able to stay away from TGT. Their default alternative is WMT, and that ain't happening.

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The next generation of moms grew up with Amazon. I just don't see them being committed to Target when a clearly superior option is out there

I'm not sure where Target and the other big box stores go from here. But like a lot of people, what I usually do is window shop to pick out the specific make and model of a major purchase, and then I price check it on Amazon. It's seldom that the best deal isn't on Amazon. They've been collecting our state sales tax for almost 3 years. But that doesn't seem to have hurt them here or anywhere else.

I'm not a Bezos fan, but I'll allow him to save me money. Just a few years ago, Target was "Tar-jay" and they even had non-paid celebrity endorsers singing their praises. Now, not so much. Other than Chip Ganassi's (largely unknown) IRL Indycar team, there's not a lot of positive press. And as retail spending crawls along, and the economy doesn't pick up steam, like I said, it's hard to talk myself into nibbling on TGT. After the pop in late February, the chart looks like someone shoved it off a cliff.

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I dont know about retail trends but Im mid 30s, and all my friends buy damn near everything off amazon, its a tad more money but with busy schedules, the time saved is worth it. I just cant see the long term trend being to continue shopping at places like target when amazon is available.

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I buy a lot off of amazon, though not nearly as much as I used to. I've noticed the quality of shipping and the product has gone down for many of the everyday items. And, as you mentioned, their price is usually a bit higher. For example, on two occasions I've had tide pods arrive completely melted/exploded; same story with deodorant, etc.

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Are you at all bullish on amazon? It just seems like the monster that has years of growth ahead of it. Target just doesnt seem to have that growth ahead. If it does, do you mind explaining to me more on your thesis of why target would see more growth in the coming years than say an amazon?

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Sure, very bullish on AMZN long term, but that doesn't mean that target isn't undervalued right now. I believe brick and mortar retail will always demand a presence, especially with groceries and other consumables. Growth potential for AMZN is absolutely far greater than TGT, but TGT is also yielding a 3% + dividend and will continue to be a major player for some time to come IMO.

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I think it's a buy right now. As I stated from the beginning, I just don't believe the "principled" soccer moms are going to be able to stay away from TGT. Their default alternative is WMT, and that ain't happening.

I also disagree with the majority consensus on here that their sell off was 100% due to the crappy retail numbers. It is still trading at a discount and had not rebounded with other retailers. In short, the bathroom bull shite had a small effect on the stock.

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Too soon.

The economy is sluggish and until a real recovery begins (is middle class incomes rise), shoppers are going to gravitate to WMT over TGT.

Target has also had bad publicity outside of its social issue insanity. They sued a Good Samaritan. They had a data breach, something non-TGT shoppers wouldn't notice but regular customers would. They have a spotty labor relations history, which people who oppose their bathroom policy are more than happy to point out to SJWs.

All of those issues lead to low investor confidence in their management. I don't see the price moving up significantly in the short to medium run.

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Every state is looking to close the tax loophole for online retailers.

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If this happens, Amazon is going to get knocked down a couple notches. No tax is one of the biggest reasons people order from Amazon

Maybe I'm in the minority of the "millennials", but if I have to start paying sales tax on Amazon, I will not be buying anything on there unless it is still shipped to my door cheaper. It is pretty easy to walk into Target or wait for household items to go on sale at the grocery store.

costco is the retailer to own, thats the one thats always got the best prices, and imo best positioned to grow long term. Amazon can and will hurt walmart,target, and others but amazon can't hold a candle to costco in terms of pricing ever. Hell I spend $1M/yr+ at costco buying cigarettes,drinks,etc for my stores bc its much cheaper than distributors. I switched over to sams club recently bc of their move to amex while costco bailed on it. Still go to costco but tomorrow is actually the last day for amex at costco so my big spending days there are probably done. Still think its an amazing shop

I agree with you about Costco. They're far superior to Sams (WMT) in terms of merchandise quality, selection, and atmosphere. But unlike the the Walmart/Target relationship, I've never noticed any price premium at Costco over Sams.

That said, Costco is also priced for growth. Their valuation is nearly 2.5 times richer than Target right now. Something to keep in mind.

If we get any kind of major correction, Costco will certainly be near the top of the retail shopping list, that's for sure.