The new frugality is a disaster is in the making for big retailers such as Target (TGT) and...

|By:, SA News Editor

The new frugality is a disaster is in the making for big retailers such as Target (TGT) and Kohl's (KSS), Jim Quinn says. Their strategic plans were based upon never-ending store growth, continuous 5% comp-store growth and easy credit, and that world is over. "Mega-retailers w... growing comp-store sales are like sharks that can’t swim. They will die."