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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Wallace Rivers who wrote (42041)3/29/2011 9:45:24 PM
From: Madharry  Respond to of 78485
 
anecdotally, when i lived in wi, the target store was much better maintained than the walmart store, which seemed like it was on a lower level. now in mass. i tend to shop more at the local walmart because its closer. there doesnt seem to be a difference in quality between the two stores. I used to purchase a lot more of my appparel from target than from walmart but it just did not hold up . Now if i am walmart I tend to look at the specials- picked up a flannel shirt for $5 very nice color. I am also purchasing a lot more things online. I just bought a leather jacket on line for a litte more than $100.

one store is not spiffier or cleaner than the other so the target has to compete on price. if that's going on all over the country im not sure that can be a winning strategy for target. for me as a consumer its ok though. couple that with rising gasoline prices and declining home values, and continuing un and underemployment exerting pressure on the retail space, and im not surprised target is flirting with lows.



To: Wallace Rivers who wrote (42041)3/29/2011 10:45:44 PM
From: Jurgis Bekepuris  Respond to of 78485
 
Nothing changed since this discussion: Message 27248492



To: Wallace Rivers who wrote (42041)3/30/2011 10:36:54 AM
From: Paul Senior  Read Replies (1) | Respond to of 78485
 
Still considering TGT as well. Difficult for me understand if what's behind some relatively good metrics is temp or permanent. P/e low now, but will automatically rise as earnings drop with the credit card sale. P/sales is relatively low historically; maybe to be expected now given TGT's push into the less profitable high-volume food business. On many metrics I see, WMT seems better.

I expect though, somewhere around current price, I'll start a tracking position.