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New approach for Target

  Target has embarked on a four year transformation plan in a bid to reinvigorate the discount department store chain which MD, Stuart Machin, claims has a brand potential beyond many of its competitors. Machin moved from Coles food and liquor division to Target in April last year, and has since been clearing bloated inventories and identifying issues that have taken the chain from the star performer in the Wesfarmers retail portfolio to cellar dweller, with falling sales and profits. The c