Friday, May 18, 2012

Investopedia: Target Needs More Than "Upscale Discounting"

Target (NYSE:TGT) has built a relatively rare business - a discount store format that people don't mind admitting that they patronize. The company may be well past the former glories of the "Tar-zhay" days, and rivals like Kohl's (NYSE:KSS) and Trader Joe's are following similar paths in the multi-line retail and food retail formats, but it still produces reasonable returns. The question for investors, though, is whether management has that spirit of "prudent aggression" that will be necessary to drive the next leg of growth.

Click here for more:
http://stocks.investopedia.com/stock-analysis/2012/Target-Needs-More-Than-Upscale-Discounting--TGT-WMT-COST-DLTR0518.aspx

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