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Stock impact report

Does Target Stand a Chance Against Amazon and Walmart? [The Motley Fool]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: The Motley Fool
Target(NYSE:TGTAmazon.comNASDAQ:AMZNWalmartNYSE:WMTTarget did see an increase in grocery sales recently, but it's being hurt by declines in higher-margin items such as apparel. At this point, it's reasonable to wonder whether the coronavirus outbreak will mark the end of Target's days as the "good student" of retail. For some clues, let's take a closer look at the current situation.Image source: Getty Images.Each of Target's five product areas generates between 7% and % of the company's revenue, according to the most recent annual report. Food and beverage make up 0% of revenue, and while Target hasn't specified how much more that may represent in the future, last year, the company announced an effort to ramp up its grocery offerings.'Good & Gather'Target launched its new "Good & Gather" brand in September, aiming to offer more than ,000 food and beverage products by the end of this year. But progress in grocery may have to wait. Last month, Target said it was putting its plan to offe Show less Read more
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