Target hasn’t necessarily taken a huge hit comparatively speaking to other companies during our
countries financial crisis. Although the Target Corporation sales are down about 0.7%.
“Sales for the month of October were very disappointing, with continued
volatility in daily results,” said Gregg Steinhafel, president and chief executive
officer of Target Corporation. “We expect the recent challenging sales
environment to continue into the holiday season and beyond as a result of
the economic factors currently affecting consumer spending.”
Hulbert, J. (2008, Nov. 06). Message posted to