Target's new favorite buzzword is 'value'
Publishing timestamp: 2023-11-15 14:50:40
Summary
Target is aiming to be more like Walmart this holiday season by emphasizing value and affordability. The company plans to offer thousands of gift ideas under $25 and highlight its exclusive brands and fresh items. However, Target has struggled to improve sales and faces competition from Walmart. Other retailers with a value reputation, such as TJX Cos., have seen stronger sales.
Sentiment: MIXED
Keywords: retail industry, walmart inc, tjx companies inc, breaking news: business, target corp, business, business news,
Source: https://www.cnbc.com/2023/11/15/targets-new-favorite-buzzword-is-value.html