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Friday, February 26, 2010
Target Asks Customers To Compare It With Wal-Mart
The Wall Street Journal
After more than two years of being outdistanced by Wal-Mart Stores Inc. (WMT), Target Corp. (TGT) said Tuesday it is coming out with guns blazing, planning to prove it is the low-price leader and offers better quality than its larger rival.
Target will have to keep improving the quality of its private-label consumables and properly merchandise the private-brand apparel and home goods it has already been improving, said Brian Sozzi, retail analyst at Wall Street Strategies. "When I go in I already see better-than-before quality merchandise in the home area," Sozzi said.
Link to full article: http://online.wsj.com/article/BT-CO-20100223-717268.html?mod=WSJ_latestheadlines
Posted by Brian Sozzi, Research Analyst
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