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Various published reports suggest that Target Corp. is “open” to the idea that it could expand via mall properties, as opposed to the freestanding units that it traditionally has opened.

"Mall vs. green spaces — we continue to look at any available opportunity," CEO Robert Ulrich told analysts on a conference call Thursday. "We'd like to be in as many neighborhoods as we possibly can.”

The irony of this approach is that it comes at the same time as the Sears-Kmart merger raises the likelihood that the new combination will prompt Sears to get out of mall locations that it has deemed unprofitable and shift to the kind of freestanding locations that Kmart owns.
KC's View:
Okay, a simple question occurs to us here.

If you had to choose between the retailing smarts of Target CEO Robert Ulrich and those of Kmart/Sears chairman Fast Eddie Lampert, which would you choose?

Sears and Kmart deciding to move shift locations strikes us as being roughly akin to moving around the deck chairs on the Titanic. Or maybe a better metaphor would be Fast Eddie standing on a street corner in Times Square with a cardboard box, playing a shell game in which he keeps the dice and cups moving so fast that people lose money gambling on where the dice is.