Both Wal-Mart and Target can be considered the cost leaders in their industry.

Name: Both Wal-Mart and Target can be considered the cost leaders in their industry.
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While Walmart is widely recognized as a cost leader due to its focus on low prices and efficiency, Target differentiates itself by offering a more upscale shopping experience, emphasizing quality, style, and slightly higher price points, which does not align with the cost leadership strategy.

Both Wal-Mart and Target Can Be Considered the Cost Leaders