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Target Answers Walmart With a Big Win of Its Own

Sarah Halzack
Target Answers Walmart With a Big Win of Its Own

With its blistering pace of comparable sales growth in the second quarter, Walmart Inc. threw down the retail gauntlet when it reported earnings last week. The big-box retailer reported that comparable sales increased 6.5 percent in the second quarter over a year earlier, its biggest growth on this measure in 13 years. Target’s strong quarter is also the latest evidence that the Minneapolis-based retailer has made some smart choices in its bid to differentiate itself in the era of Amazon.com Inc.