Target Says Shoppers Wait For 'Deals' A Day After Rival Walmart Credits Market Gains To Wealthy Households: TGT Edges Up Marginally In Thursday Premarket
Target Corporation (NYSE: TGT) and Walmart Inc. (NYSE: WMT) released their September quarter results just a day apart. Target's management highlighted that its customers were most active during sales and promotional events, while Walmart's leadership attributed 75% of its market share growth to households earning six-figure incomes.
