Oh, happy Day!
This recent article by the Oklahoma Examiner mentions that holiday earnings sucked a big pickle at Target, and their share price is floating about as well as an iron balloon.
It seems that Wal-Mart is successfully copying much of the Target magic, like Wal-Mart always does with everybody, and that the middle classes are feeling pretty squeezed this year.
Of course, all throughout the board rooms and offices at Target, I guarantee that blame is being laid upon the shoulders of the all the little people at the store level. All retail executives do it. When things go right, retail executives take credit for their alleged genius. When things go wrong, its always the employees' fault, for not successfully executing their so-called brilliant plans.
(Nobody dares to consider or admit that maybe the plans are all B.S. to begin with, and that the executives who made them are no more knowledgeable about the retail business than the mentally challenged guy who fetches the carts.)
If Wal-Mart is successfully eating into Target, all I can say is GO WAL-MART.
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