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Walmart vs. Target: This retailer boasts 'significant advantage' with wealthier shoppers (Link: https://www.foxbusiness.com/retail/targets-path-to-competing-with-walmart-the-100000-shopper) and Walmart vs. Target Business Model: What's the Difference?(Link:https://www.investopedia.com/articles/active-trading/070715/target-vs-walmart-whos-winning-big-box-war.asp). After reading
"Walmart vs. Target: This retailer boasts 'significant advantage' with wealthier shoppers" (Link: https://www.foxbusiness.com/retail/targets-path-to-competing-with-walmart-the-100000-shopper) and "Walmart vs. Target Business Model: What's the Difference?(Link:https://www.investopedia.com/articles/active-trading/070715/target-vs-walmart-whos-winning-big-box-war.asp). After reading thesetwoarticles, please answer the following questions below.
- Do you think Target can compete with Walmart? Why or why not?
- How does Walmart attract their customers to buy their products? Was their business model? What about Target? What is their business model and how do they attract their customers to buy their products?
- Who has the highest market share and who is getting the most in profitability tare perfectly his year, Target or Walmart? Why? Explain.
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