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Target Announces "New Deal" for Troubled Economy

Retail Management Recruiting News | Millman Search Group >>

Target Corp. executives unveiled initiatives on Thursday to maximize business amid curtailed consumer spending and leave the retailer well-positioned to recapture market share when the economy improves.

The ideas ranged from a fabric sourcing program to changes to advertising circulars and a grocery concept — all intended to drive traffic, lower expenses or communicate value to consumers.

Despite the environment, Target is still thinking about growth, but don’t expect the retailer to enter the international arena.

 
 
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