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Competition

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by

Nick Wilder

on 23 April 2010

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Transcript of Competition

Competition Competition is all around us, everyday. One of the biggest competitions in our areas is now Walmart and Target. Walmart was known as the most dominant store for around 30 to 40 years. Since Target showed up in our area, Walmart has been having a run for thier money. Most people have said that if you prefer quality over quantity, then Target is more the place for you. If you prefer quantity over quality, then Wal-Mart will probably be the better choice. This will be a battle that will last for probably another 50 years. Who do you think will win? When Wal-Mart started out, they started out with a bang. In 1972, (10 years after the company was founded) Wal-Mart was put on the New York Stock Exchange, which increased sales.

http://en.wikipedia.org/wiki/Wal-Mart
In the mid 1990's Walmart had a slight decrease in supply over in Germany. Wal-Mart thought they could do whatever they wanted but it turns out they were wrong.

http://en.wikipedia.org/wiki/Wal-Mart Target's increase in supply came in the year of 2000. Target was expanded in 2000. The reason for the increase was because they were a new company and everyone wanted to try them out.

http://en.wikipedia.org/wiki/Target_Corporation Target only had one minor decrease in their supply. It happened in 2008 when the economy tanked.

http://en.wikipedia.org/wiki/Target_Corporation The End!
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