This week, both Target and Walmart released their quarterly financial results. Based on the results and executives’ comments on those reults, it’s almost like they’re from two different quarters or years entirely, or at least not from two discount stores that are generally close competitors. Maybe it’s not that shoppers are clutching their wallets or spending on home renovations instead of everyday home goods, a Target speculated. Maybe Target’s shoppers are just heading to Walmart more often. [More]
