Brian Cornell
Target CEO Brian Cornell says the retailers ideas for the future got a little too far-fetched.

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In February, Target pulled the plug on big-ticket innovation ideas like its “Store of the Future” and a web e-commerce platform for sellers that were supposed to debut this year.

Target CEO Brian Cornell explained the reasoning behind the shake-up in an interview at Fortune’s Brainstorm Tech conference. Too many of Target’s innovation ideas were “drifting out into another universe,” he said.

“We had to…