Walmart Vs Target Essay examples -- Business Retail Industry

INTRODUCTIONSince 1962 and the beginning of the dis tally retailer market Wal-Mart has been ahead of the retail game. By 1967 there were 24 Wal-Marts that had grossed 12.6 million dollars. In just 7 years Wal-mart had spread into 9 states. By 1979 Wal-Mart was the speedy store to reach a billion dollars in sales. In 2005 Wal-Mart has 3,800 domestic help stores along with 3,800 stores internationally, and had do over 312 billion dollars. As you whoremaster capture the Wal-Mart empire has grown monumentally. To move into this segment of the market would be tough. The start intention store was in any case opened in 1962. It was started under the Dayton Hudson Corporation. As you can see the Target corporation has a decorated departed as head. Target now has 1,300 stores in 47 states. The store count itself is still a lot less than Wal-mart. For every one Target store, there is three Wal-Marts. To put in concert a plan of pull through we must first research ma ny facets of the Wal-Mart corporation such as Marketing, Products, and Services provided. From these main parts we will be able to put together a plan for immediate implementation. Products/Services/MarketingThe first area to be observed is the products that Wal-Mart sells compared to Target. Wal-Mart offers products in the areas of Apparel, Baby, Books, Electronics, Garden and patio, Gifts and Flowers, Home, Jewelry, Pets, Sports, Toys, Video Games, Automotive, as well as groceries, and cleaning supplies. Along with being the worlds largest retailer, Wal-Mart is also the worlds largest grocer. A climb grocery center has been added to many of the Wal-marts nation wide. Wal-Marts most current remainder is to become a player in the fundamental food market. Adding organic foods to... ...nd many not covered by health insurance. On juvenile visits to both stores I noticed the Target store was cleaner, and the customer advantage was better than Wal-Mart. SummaryAfter looki ng at the Business practices, marketing, products, and function of Wal-Mart I no longer shit a doubt that we can compete with Wal-Mart, but the new question is do we want to? In order for Target to be a competitor with Wal-Mart, Target would have to lower its store standards, treatment of employees, and target market. Along with these things Target would also have to go against one of its store standards, and start buying products that were made using slave and or child labor. A few shipway that Target could improve by imitation would be through change magnitude its in store services. The recent addition of the clinic in store is a new and innovative idea a step ahead of Wal-Mart.