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    Trends for Target

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    Need assistance with discussing marketing trends for Target store in the areas of: structures
    a. Market structure
    b. Impact of new companies entering the market

    Need to write 350 -400 words on trends.

    © BrainMass Inc. brainmass.com October 9, 2019, 11:18 pm ad1c9bdddf
    https://brainmass.com/economics/price-levels/trends-for-target-252257

    Solution Preview

    Need assistance with discussing marketing trends for Target store in the areas of: structures
    a. Market structure
    b. Impact of new companies entering the market

    The current market structure of the retailing industry in the US is that of monopolistic competition. The competitors of Target each sell products that are differentiated from one another, but are not exactly the same. Market structure refers to the state of the market with respect to competition. Each of the competitors of Target are differentiated from each other. For instance, in the market in which Target competes, there are other competitors like Wal-Mart, The Home Depot, Kmart, Costco etc. However, there are differences among the competitors.
    Currently, even though there are difficult economic conditions, the top US retail industry companies showed an ...

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