Rise & fall of Target
By: Jackie Crosby
I chose to write about this article instead of Twilight because I thought it was really interesting. For the last 4 years Target has been having better discounts then Walmart but since November 2007 Walmart has been gaining more business while Target continues to loose more and more business. With how the economy is, Walmart has positioned itself so that it has better and cheaper prices for families that don't have or have very little income. Walmarts stock prices have gone up 13% even though Dow Jones has had record breaking lows. When Target was newer in 2003 Walmart was starting to bring in designer clothes and raised their prices because of the loss of customers. Target will not be the only ones selling products from the Apple Store, now Walmart will be selling iPhone's which will bring Walmart a even better outcome for incoming consumers. I personally like Target better then Walmart because there isn't a Walmart anywhere near where I live and because I feel like its really dirty in Walmarts, and i have been to plenty of Walmarts to know. The Walmarts in other states tend to be much cleaner then the ones here. Target will definitely be where I continue to shop even with the economy, Targets prices are not that much different then Walmarts.
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