Jim Cramer Discusses Target Corporation (TGT) And Turnarounds

Core Insights - Jim Cramer discussed Target Corporation (NYSE:TGT) in the context of turnarounds, emphasizing the challenges associated with executing such strategies [2] - Target is opening larger stores in multiple states, including Arizona, California, Nebraska, Virginia, Texas, Florida, and South Carolina [2] - The company recently ended its partnership with Ulta Beauty, which Cramer noted as a significant development given the previously strong relationship highlighted by Target's CEO, Brian Cornell [3] Company Strategy - Target Corporation is focusing on expanding its footprint by opening larger stores, which is part of its turnaround strategy [2] - The decision to end the partnership with Ulta Beauty indicates a shift in strategy, as it was previously touted as a strong relationship by the company's leadership [3] Market Context - Cramer has frequently compared Target to competitors like Walmart and Costco, noting that Target has had to lower prices to remain competitive [2] - The discussion around turnarounds reflects broader market trends and challenges faced by retail companies in adapting to changing consumer preferences and competitive pressures [2]