Target’s Discounts Undercut Rivals While Bringing Some Headaches
Target Corp. Chief Executive Officer Brian Cornell has gotten more aggressive with holiday discounts during his second year of a turnaround effort, a strategy that is undercutting some rivals on price while also bringing headaches.
The company offered a 15 percent discount on almost all its products online Monday, a more widespread deal than in past years. It also lowered prices on many apparel and toy products by 30 percent, shifting away from the buy-one-get-one-discounted ap ...
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