Tuesday, December 24, 2013

For Target, A Breach Of Trust Is The Main Concern

The big news leading up to the holidays was the massive data breach at the third-largest retailer in The United States, Target (TGT). The company exposed over 40 million consumers' sensitive credit/debit card data and is already embroiled in a number of lawsuits and investigations.

However, the main concern for Target going forward has to be the potential loss of valuable customers. After all, while Target has a great brand, it also must compete with the likes of Costco (COST) and industry titan Wal-Mart (WMT).

Click here to read why Target may not be such a great buy even after the stocks recent drop!


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