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Is this true? I heard tonight that Walmart owns Target..is that true?

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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:09 PM
Original message
Is this true? I heard tonight that Walmart owns Target..is that true?
if it is.....I won't shop there either.
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:10 PM
Response to Original message
1. No
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:10 PM
Response to Original message
2. not true at all, where'd you hear that?
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:10 PM
Response to Original message
3. Target is owned by French investors. n/t
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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:17 PM
Response to Reply #3
10. Proof? Other than someone on the Oprah Winfrey show making a joke
about the "trendy new designer, Tar-jay", I mean ...
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KalicoKitty Donating Member (777 posts) Send PM | Profile | Ignore Thu Oct-05-06 07:19 PM
Response to Reply #3
12. That is not true....
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:09 PM
Response to Reply #12
19. You're right. Not that there would be anything wrong with that, right? n/t
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:19 PM
Response to Reply #3
13. i dont think thats true, it's owned or used to be owned by Dayton hudson
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Nevernose Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 01:36 AM
Response to Reply #3
27. A rumor spurred by facetious pronunciation
Tar-jey instead of Target. A relative of mine used to jokingly call it an Irish store, the O' Target (because of the logo in front of the name).

A bad joke became an even worse Conservative smear and conventional wisdom on behalf of a rival company. Much like American politics in the same period of time.
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YellowRubberDuckie Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:11 PM
Response to Original message
4. Who the hell told you that?
Whoever did needs to get a clue.
Duckie
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Robbien Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:12 PM
Response to Original message
5. Walmart owns Sams Clubs
not Target. Target is Walmart's biggest competitor.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:14 PM
Response to Original message
6. Dayton something owns target

used to own Marshall Fields as well
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Lindacooks Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 01:47 AM
Response to Reply #6
28. Dayton-Hudson Corporation
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Bluestar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:14 PM
Response to Original message
7. Unless something has changed in the past ten years
And it could have, Target is owned by Dayton-Hudson of Dayton's department store fame--I believe out of Minneapolis.
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LTR Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:17 PM
Response to Reply #7
9. Target Corp. owns Target
Edited on Thu Oct-05-06 07:18 PM by Fighting Irish
Formerly Daytons, then Dayton-Hudson, then they changed to Target Corp. and spun off Daytons, Hudsons and Marshall Field.

Always based in Minneapolis.

Minnesota Senator Mark Dayton is a member of the Dayton clan.
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NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:18 PM
Response to Reply #9
11. What Fighting Irish said
Target & Wal-Mart are big rivals.
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kstewart33 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:15 PM
Response to Original message
8. No.
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Gin Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:19 PM
Response to Reply #8
14. Ok...thanks....If it were true...I am sure it would have been all over
the news.
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Bjornsdotter Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:20 PM
Response to Original message
15. I don't shop there

A pharmacist refused to fill a script for emergency contraceptives and Target stood behind the decision.

I will not shop there until they change their policy.

Cheers

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I Have A Dream Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:24 PM
Response to Original message
16. Someone just told me that Walmart owns Lowe's. It doesn't...
but I wonder why these rumors are starting.
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noshenanigans Donating Member (778 posts) Send PM | Profile | Ignore Thu Oct-05-06 07:59 PM
Response to Reply #16
18. I can understand that..
I don't know anything about Lowe's policy's, but I do know that at about 6 out of 10 Wal-Marts I know of, there's a Lowe's right next door that looks nearly identical to the Wal-Mart. I don't know if it's just their business practice to build stores next to where a Wal-Mart pops up, but it definitely makes sense to me that people would think they're connected.
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Toucano Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 02:05 AM
Response to Reply #16
29. Maybe you should hang out with more informed people?
LOL!

I'm only joking, but it seems like someone is feeding you some crap in steady doses. LOL!
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I Have A Dream Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 12:32 PM
Response to Reply #29
32. This was at work. Don't have a choice!
:rofl:
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Infinite Hope Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:53 PM
Response to Original message
17. Obviously...
it means Wal-Mart "owns" them. As in...they are by far more efficient.

By the way, the retail market shares the problems of Wal-Mart. It's not like Wal-Mart is unique. It's just the biggest. If you're going to be reasonable, boycott all retailers.
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I Have A Dream Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:13 PM
Response to Reply #17
20. Ummm... we'll make our own decisions...
thank you very much.
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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:59 PM
Response to Reply #17
25. No I prefer to boycott the ones who
treat their employees like shit. WalMart fits that bill quite well.

And if you want to know how employees are treated, ask them. I do. The folks at Target love working there and say the company is good to its employees.

I stopped going to my local KMart when it became a Sears because the employees claimed that Sears cut their pay and benefits.

There is also a locally owned store I no longer patronize because the owner made the mistake of yelling at an employee when I was in there.
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Infinite Hope Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 01:25 AM
Response to Reply #25
26. They're all doing things wrong.
They share the same practices. They treat their employees just like the other large retailers do. Wal-Mart does many things wrong, but look at the bigger picture. It's an industry issue. It's Target and others as well. They're all doing things wrong.
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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 08:28 AM
Response to Reply #26
30. Well all the employees don't think so
Next time you go to WalMart, ask the employees how they are treated. You might be shocked by what you hear.
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windbreeze Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 01:24 PM
Response to Reply #30
33. I have done just that
strangely enough....I have never had a negative response..let's just say, I was the one surprised..
wb
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Bridget Burke Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 04:42 PM
Response to Reply #17
35. Nope. WalMart is a dump.
I do shop at Target occasionally. There's one half a mile from my house.

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tpsbmam Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:23 PM
Response to Original message
21. No, but......I won't shop at either store and here's why
Edited on Thu Oct-05-06 08:48 PM by tpsbmam
Target gives 83% of their political donations to Republicans, they've given their pharmacists the right to refuse to fill emergency contraceptives on religious ground, they treat their employees as badly as Walmart does (oppose unions, mostly part-time work, must work months on end before getting benefits and even then it's hard to get enough hours to qualify for benefits), they've been caught using sweatshops, etc etc etc etc.


Sweatshops: http://www.cbsnews.com/stories/2002/09/26/national/main...

Target: Wal-Mart Lite http://www.corpwatch.org/article.php?id=13508
US: Teflon Target http://www.corpwatch.org/article.php?id=12289

Planned Parenthood Protests Target's Plan B Policy http://www.kare11.com/news/news_article.aspx?storyid=11...
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I Have A Dream Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:35 PM
Response to Reply #21
22. Prior to the emergency contraceptive refusals, I spent at least $100...
a week at Target because I refused to go to Walmart. I probably spend less than $20 there every three months now. K-Mart's not perfect either, but this is where I end up going since there's not much else left where I live.
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tpsbmam Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:51 PM
Response to Reply #22
23. We have the same issue here.....
I'd love to shop 100% at local merchants and I try to do as much of that as I can, but money is an issue as is the availability of some stuff. Sorry, but I can't afford to pay $20 for a t-shirt! Sadly, we don't have COSTCO in our area, which is where I used to do all of that kind of shopping -- they give blue, treat their employees well, etc etc.
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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 08:52 PM
Response to Original message
24. NO
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 08:45 AM
Response to Original message
31. Wal Mart Doesn't Buy Up Businessesses, They Drive They Out
Wal Mart, to the best of my knowledge, does not buy up competitors for greater market share. They simply out price everyone else, stay open more hours, offer better parking, make it super easy to find stuff, and staff the cash registers better than most grocery stores. Hate them or love them, one thing is for sure - they do what they say they do, conviently and inexpensively provide cheap stuff that people buy lots of and clearly want.
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proud2BlibKansan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 04:34 PM
Response to Reply #31
34. When WalMart opened 50 supercenters in Iowa,
500 small businesses closed.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-06-06 04:44 PM
Response to Reply #34
36. and union grocery clerks saw their incomes and benefits vanish
This is how walmart does it folks.. That 3 cents you save on green beans means a single mother has to use public aid for her kid's health care and you pay for it through your taxes..
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LordLovesAWorkingMan Donating Member (272 posts) Send PM | Profile | Ignore Fri Oct-06-06 08:34 PM
Response to Original message
37. They're both publicly traded.
Go read their SEC filings.

I'm sure the FTC and DOJ would be interested in whether WMT is an owner of TGT. Believe me, this would not exist in the "rumor" bin.
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