So why is this odd couple getting together?
Target's aspirational low-
and moderate-income customers, who are being squeezed by the economic downturn,
may be forgoing new clothes in favor of necessities or turning to stores with
sharper prices, including Wal-Mart. Target's same-store sales have come under
pressure in recent months and it also has to rebuild its apparel business after
losing its personification of fashion, Isaac Mizrahi, who's not renewing his
contract at the end of the year.