By  on January 22, 2012

Target Corp. to its vendor partners: Better pricing strategy is needed.

A research note by Deborah Weinswig, retail analyst at Citigroup, said Target recently sent a letter to its vendors indicating that to compete effectively with Amazon and Wal-Mart, it was changing its pricing strategy and is challenging its vendors to “work with [Target] to develop an assortment and pricing strategy that will allow Target to be competitive and profitable across all channels.”

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