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Target Corporation (NYSE:TGT) is the leading large-format general merchandise and discount retailer in the U.S., challenging Wal-Mart in electronics, toys and apparel while also seeking to differentiate with higher-end fashions and products for an upscale audience. As of the close of their latest fiscal year (FY2011), Target operated approximately 1,760 stores encompassing 233,000 square feet in 49 states and the District of Columbia. The company is divided into the retail and credit card divisions and moves the majority of its products through a highly integrated network of 37 different distribution centers, which include four food distribution centers. Target is one of the most well-entrenched large format retailers in the U.S., has the ability to manage their pricing strategies at a level of accuracy and precision that is comparable to Wal-Mart (Henderson, 2001). Unlike Wal-Mart, Target concentrates on a value-based message that concentrates on quality and price differentiation to sustain their gross margins while Wal-Mart concentrates on supply chain efficiency and a continual reduction of supplier and transaction costs (Krishnamurthi, 2001).
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Australian Aborigines are thought to have the longest continuous cultural history in the world. Yet, within a hundred years, the near extinction of the Aboriginal culture almost occurred. This single event, the invasion of the Australian continent by European settlers, changed the lifestyle, the culture, and the fate of Australian Aborigines. Their entire lives were essentially taken away and they were forced into a white, European world where the lifestyle change could not have been any different. Aborigines in Australia today are struggling to deal with a past in which they lost touch with their culture and now are trying to regain some of that cultural identity.
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