Facing competition from WalMart as a low-cost retailer, Target has updated its _____ to be a mass merchandiser of inexpensive yet chic goods. To accomplish this, it has entered into design partnerships to offer low-cost goods made by famous designers.

Question

Quizplus · Accepted Answer

Target has updated its retail positioning to differentiate itself from Walmart by focusing on offering inexpensive yet stylish goods through design partnerships with famous designers.

Facing Competition from WalMart as a Low-Cost Retailer, Target Has