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 has now announced that it will be extending its policy of matching the price of online retailers such as Amazon.com 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.
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