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Hence, the company’s margins have been the highest in the industry in recent quarterly reports.
From year 2003 to 2006, the annual income statements of Target Corp. have shown a steady increase in the total revenue (Appendix). However, there was a small dip in total revenue between year 2002 and 2003...
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The reason might be the announcement of the potential opening of Wal-Mart’s Supercenters. Wal-Mart planned to open 146 stores in the first eight months of 2003. The Superstores were about to post a negative impact on Target Corp. with its wide range of products from household items and apparels to grocery stores...
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