The following video is from Tuesday's MarketFoolery podcast, in which host Chris Hill, along with analysts Austin Smith and Andy Cross, discuss the top business and investing stories.
In this segment, Target (NYSE:TGT) has now announced that it will be extending its policy of matching the price of online retailers such as Amazon.com (NASDAQ:AMZN) through the end of the year. The guys discuss how Amazon's razor-thin profit margins just aren't feasible for a brick-and-mortar retailer like Target and why they think this announcement is both shocking and disappointing.
The relevant video segment can be found between 6:05 and 9:37.
Austin Smith has no position in any stocks mentioned. Chris Hill owns shares of Amazon.com. The Motley Fool recommends and owns shares of Amazon.com. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.