Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said.
"I think what you are just seeing is — you're seeing the emergence of winners who have been investing in their business that are adapting to this new omni-channel environment," CEO Brian Cornell says.'s CEO thinks the retail industry is shaking out to show clear winners and losers.trounced analysts' estimates
"I think what you are just seeing is — you're seeing the emergence of winners who have been investing in their business, that are adapting to this new omnichannel environment," CEO Brian Cornell told analysts during a post-earnings conference call. "And unfortunately, those that are ceding share ... have not been able to invest and evolve to the new consumer environment."
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