Target on The Bull’s-eye

A company that’s already been so successful in the billions (U.S.A.) will be heading north of the border in 2013. To say there is hype for the first Target store opening in 2013 in Ontario would be an understatement-people are becoming restless. With Zellers being panned anywhere one goes, why wouldn’t anyone not be excited to have a store in their neighbourhood that offers prices like no where else, with quality that is unheard of? Destined for success, 220 locations nationwide have already been purchased and besides Ontario will include provinces such as B.C., Alberta, and Quebec.

Amazingly they’ve already developed a clientele here even though there isn’t one store here yet. When prices sky rocket here, Canadians in general usually drive south of the border for their shopping. And where do they go? They visit a store by the name of Target! According to the company they suspect that at least 70% of Canadians are familiar with the brand and that 10% have shopped at one of their locations in the last 12 months. A recipe for success is what I smell and wallets getting heavier is what they’ll probably be feeling once the first few stores are opened here. Overall it’s a smart move…

(Image from Google)

Short Term Pain, Long Term Gain

There are basic principles, ethics, morals, and values that people follow and believe to shape who they are. Roger Goodell the Commissioner of the NFL (National Football League) declared he’d take a $10 million (brings his salary down to $1) pay cut if the NFL would remain in a lockout. His significantly reduced paychecks were short-lived as the players and owners recently came to a 10 year agreement regarding salaries. But there’s something that can be learned from this. Business is business, and it doesn’t matter what stage it’s at or what level it’s on. A wise man once said to me, “If one can’t save pennies, how can they expect to save hundreds, thousands, or even millions for that matter?”

Roger Goodell and his executive team walk out of a bargaining agreement meeting between the owners and players putting a smile on for once.

It’s not a question of whether Goodell could live without a few extra million as he’s currently midway through a lucrative contract, it’s the fact that he wanted to show his colleagues that he was willing to do whatever he could to save the league. Its human nature to apply “monkey see, monkey do” as many coaches, scouts, and executive personnel of teams followed by taking pay cuts during the short lived lockout. It’s amazing to see how $1 could impact $9.5 billion in revenue that the league is expecting to take in this year.  Short term pain, for a long term gain…More information can be found here.

(Image from Google)