Thursday, April 06, 2006

I'm a blood clot!

So how many Target Executives does it take to clean a shelf? 8, 7 to watch and 1 to clean the shelf (Not even joking).

Today I did something that was quite interesting, we got to comp shop other stores in the area. We went to a Walmart and a Best Buy. It's kind of funny, every where we go we all match. We have the red shirts and khaki pants on. We have even been called a blood clot because we only move in a large group of red. So while walking through Walmart and Best Buy we got some odd looks. At Walmart people even asked us if we worked there or if we could help them. Clearly Walmart needs to hire some more people if their customers have to ask Target staff for help. Walmart also has learned a few things from Target. They are now offering "Trend Runs" in some newer Walmarts. They have brought in a few designers to appeal to a higher end market, which is what Target does.

Today I learned that Target is the store that sets the prices in the market for many similar items found at both stores. We set our price then others like Walmart will go a few cents under our price. And when I saw a few cents that is all it is. Of the items we looked at they were either the same price or Walmart was 2 cents less. Really Walmart isn't offering much savings. I also learned that Best Buy has one of the largest shrink problems in retail. Because of the items and the numbers of staff that go through their stores, employee theft is very high.

I start training at a few more stores on Monday, I will also find out my official assignment on Friday. If you ever pop into a Target let me know, I may be there. I have been to most of them so you never know where I might be.

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