A drop in Target's nationwide profits has cast doubt over the long-term future of the Bowral store.
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The retail business suffered a 0.8 per cent drop in like-for-like sales over the past year, according to Wesfarmers full-year results.
Wesfarmers chief executive Rob Scott told The Sydney Morning Herald Target could become a smaller business over time.
"Ultimately, it will be most likely a smaller business over time as we reduce the size of the network and focus more on quality over quantity," Mr Scott said.
"I think over time, we'll see e-commerce sales represent a very significant proportion of Target's total sales."
In a statement to the Southern Highland News, a Target spokesperson said it was "business as usual" for Bowral's Target Country store.
"All stakeholders will be communicated with well in advance of any planned change to Target's store network," the spokesperson said.
"We look forward to continuing our relationship with the communities where we operate and remain committed to providing our customers fashion that excites and quality that endures.
"As always, and with great respect, our team members will be communicated with first if there are any planned changes to our stores.
"In all cases we will work with impacted team members to find redeployment opportunities at other Target stores or across the broader Wesfarmers Group."
The spokesperson declined to comment on the record about the details of the Bowral store's lease and its expiry date, and when a final decision on the future of the store would be finalised.
