Target (TGT +0.11%) announced a new membership program recently that puts it in direct competition with Amazon (AMZN +0.01%) and Costco (COST +0.02%). It could be a way to increase loyalty and spending among Target's best customers.
In this video, Travis Hoium shows why this is a great move for the retailer.
*Stock prices used were end-of-day prices of March 8, 2024. The video was published on March 11, 2024.
