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Target boosts holiday ads on TikTok and streaming, but analysts doubt it can reverse sales decline.
Target is ramping up its advertising on platforms like TikTok and streaming services to boost holiday sales, but analysts doubt it will reverse the decline in its market share.
Despite increasing online ad spending by 8%, Target's sales on Black Friday and Cyber Monday were weak.
Analysts argue that to compete with Walmart and Costco, Target needs to lower its prices and regain its core customer base.
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Target aumenta los anuncios de vacaciones en TikTok y streaming, pero los analistas dudan que pueda revertir la disminución de las ventas.