How do Best Buy and Target differentiate themselves from Wal-Mart?

Words: 140
Pages: 1
Subject: Uncategorized

When one thinks of cost leadership across numerous product lines, Wal-Mart immediately comes to mind. How do Best Buy and Target differentiate themselves from Wal-Mart? If you know youre going to pay a higher price at these two competitors, why would you still shop there? How come the now bankrupt Toys R Us and Circuit City couldnt differentiate and position themselves against Wal-Mart and stay in business?

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