TGT v/s WMT – Comparative Analysis of Two Discount Storesin Industry Report, Retail on April 30, 2022
Discount stores often compete for customer traffic with department stores, online retailers, off-price stores, speciality stores, drug stores, supercenters, warehouse clubs, and catalogue retailers. At times, discount store firms will also develop a warehouse club and supercenter.
Target Corporation was incorporated in Minnesota in 1902. Corporate purpose is to help all families discover the joy of everyday life. They offer to customers, referred to as “guests,” everyday essentials and fashionable, differentiated merchandise at discounted prices.
Walmart Inc. helps people around the world save money and live better – anytime and anywhere – by providing the opportunity to shop in both retail stores and through eCommerce, and to access other service offerings. Each week, WMT serve ~230mn customers who visit more than 10,500 stores and
numerous eCommerce websites under 46 banners in 24 countries.
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