Target has fallen well behind Walmart, but Target's price cuts may not be enough to get customers back in the door.

Add Yahoo as a preferred source to see more of our stories on Google. United States retail companies, including Target and Walmart, are planning price increases of up to 10% on various consumer goods ...

Walmart should be well-positioned to take advantage of the current wave of value-seeking consumers, but it faces strong rivals in the low-price sector.

Target CEO Michael Fiddelke wants to cut prices on apparel, home goods and daily essentials by 5% to 20% as part of a new strategy.

We are actively looking at hundreds of neighborhoods across the country as we hope to open more new neighborhood stores each year,” a spokeswoman for Trader Joe’s said.