Corporate Bankruptcies: A Key Investor Concern in the New Year [View article]
Please get your facts straight if you're going to pontificate. "...could be Target Corp. (TGT), which lacks Wal-Mart’s purchasing ability and whose prices are significantly higher than Wal-Mart’s..."
Target's prices are not only not significantly higher than Wal--Mart's, they are in most cases lower on a quality-adjusted basis. Consumer's Reports has done several comparisons over the years and consistently found Target's selection, especially in basic clothing to be a far superior value. A tee-shirt that costs $3 and lasts for 5 washings is no bargain compared to one that costs $5 and looks like new after 20+ visits to the washing machine.
On commodity items they are virtually identical. Doing "comp shopping" for Target I find we have to raise prices to match Wal-Mart about as often as we have to lower them.
Cash-for-Clunkers Makes No Sense [View article]
Corporate Bankruptcies: A Key Investor Concern in the New Year [View article]
Target's prices are not only not significantly higher than Wal--Mart's, they are in most cases lower on a quality-adjusted basis. Consumer's Reports has done several comparisons over the years and consistently found Target's selection, especially in basic clothing to be a far superior value. A tee-shirt that costs $3 and lasts for 5 washings is no bargain compared to one that costs $5 and looks like new after 20+ visits to the washing machine.
On commodity items they are virtually identical. Doing "comp shopping" for Target I find we have to raise prices to match Wal-Mart about as often as we have to lower them.