Jeffrey Klinefelter Quotes on Business & Commerce (2 Quotes)

Target's business has evolved to a point where I believe their core customer is as comfortable buying an outfit as they are a basic necessity like soap and toothpaste, and that is really the ultimate goal of everyone in that industry. It certainly appears to be an even sharper focus of Wal-Mart at this point, given how Target has outperformed Wal-Mart over the past two years.

Penney offered a benign set of comments about Eckerd. While its department stores are doing a little better, Eckerd is deteriorating. The speculation is that Penney's first choice is to sell its drugstore business.