Comparing Walmart and Target No Longer Makes Sense (But I’m Doing It Anyway)
Description
The one-two punch of Q2 earnings reports from Walmart and Target is always a harbinger of retail’s health as Halloween, Thanksgiving, and the make-or-break holiday season loom. Yet the daylight between these power players keeps getting brighter. Direct comparisons between Walmart and Target do a disservice to both as their priorities, capabilities, and business models diverge. Carol Spieckerman teases out uncommon takeaways from this second-quarter double feature, highlighting the growing differences that now set Walmart and Target apart.
Episode highlights:
· How Walmart’s diversification slays retail setbacks.
· Why product sales will take a back seat.
· How “mix shifts” and “frequency categories” bring on the pain.
· Why retail crime isn’t an equal opportunity crisis.
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