Comment on Is Target Hastening the Decline of Department Stores?

Is Target Hastening the Decline of Department Stores?

Target (NYSE: TGT) has been working on a rebound this year as the overall retail industry struggles with changing consumer trends. Target has had success promoting its online store and offering new delivery options for  shoppers. Another key strategy has little to do with technology, though, as Target is gunning for the most beat-down segment of the retail industry.The overall retail industry has had a great 2017, posting sales 3.9% higher than last year through October, according to the U.S.

 

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