Bloomberg recently published an article entitled Wal-Mart Set to Repeat Share Gains, Grab Target Sales. I’m not all that sure that I agree with this, but Wal-Mart had a pretty banner year in 2008 compared to the rest of the retail establishment, I guess that’s what you invest in Wal-Mart for, though. Nevertheless, I see a resurgence in Target this coming year. Also despite being competitors I am not sure a dollar lost in Target means a dollar gained in Wal-Mart, necessarily.
Bloomberg: Wal-Mart to Take More Target Sales
Tags: competitors, retail, target, wal-mart
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