What strategy for growth would prove most successful for Target and at the same time stave off competitive advances from Walmart?
Douglas Scovanner, CFO of mass merchandise retailer Target Corp., was charged with balancing the pursuit of his company's growth with the proper allocation of capital. Mindful of the need to deal with the threat from an increasingly powerful Wal-Mart, he had to present a viable business strategy to his board of directors.
Case ID: 090504
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