jerico

Losing Patience with Target as Its Slide Continues

Target has to decide to try to seriously compete with Wal-Mart, or if it is going to take share from more up-scale firms. It would be a mistake to try to out discount Wal-Mart. They would be better off going for "better" goods, not cheaper goods.

Perhaps they should merge with Whole Foods and go for the higher income crowd.

If they try to match Wal-Mart, they are bear hunting with a stick.