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Target vs Walmart 2026: Price, Stores & Margins

Walmart operates 4,700+ U.S. stores with lower everyday prices and broader grocery selection, while Target operates 1,950+ stores with a curated merchandise mix, stronger brand positioning, and higher profit margins. Walmart's average transaction is 23% cheaper, but Target attracts 30% more higher-income shoppers.

Target Corporation

Target Corporation

Large-format general merchandise retailer offering clothing, household goods, groceries, and electronics in one destination.

Middle to upper-middle income households (median $65,000+) seeking stylish, curated merchandise with convenient urban/suburban locations; families prioritizing brand quality over absolute lowest prices.

Score63%
VS
Walmart Inc.

Walmart Inc.

World's largest retailer with 4,700+ U.S. stores, everyday low prices, and dominant grocery business.

Budget-conscious households, rural customers requiring broad geographic reach, families prioritizing grocery shopping in one location, and price-sensitive consumers seeking absolute lowest costs on everyday items.

Score63%

Quick Answer

AI Summary

Walmart operates 4,700+ U.S. stores with lower everyday prices and broader grocery selection, while Target operates 1,950+ stores with a curated merchandise mix, stronger brand positioning, and higher profit margins. Walmart's average transaction is 23% cheaper, but Target attracts 30% more higher-income shoppers.

Our Verdict

AI-assisted

Choose Walmart if you prioritize rock-bottom prices, need comprehensive grocery shopping, and prefer maximum store availability for convenience. Choose Target if you want curated, design-forward merchandise, a more upscale shopping experience, higher profit margins on branded goods, and are willing to pay 15-23% more for better product curation and store aesthetics.

Community feedback

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Target Corporation
7.9/10
Walmart Inc.
7.1/10
Target Corporation

Choose Target Corporation if

Best pick

Middle to upper-middle income households (median $65,000+) seeking stylish, curated merchandise with convenient urban/suburban locations; families prioritizing brand quality over absolute lowest prices.

Walmart Inc.

Choose Walmart Inc. if

Budget-conscious households, rural customers requiring broad geographic reach, families prioritizing grocery shopping in one location, and price-sensitive consumers seeking absolute lowest costs on everyday items.

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Key Differences at a Glance

  • U.S. Store Count:Walmart Inc. wins(4,700+ stores vs 1,950 stores)
  • Average Transaction Price:Walmart Inc. wins($18.00 vs $22.15)
  • Household Income (Median Target Customer):Target Corporation wins($65,000+ vs $48,000)
See all 7 differences

Key Facts & Figures

27 numeric metrics compared

MetricTarget CorporationWalmart Inc.Ratio
Annual Membership Cost(USD)$0
US Store Locations(stores)1,950+ stores
Product Selection (SKUs)(SKUs)~120,000 SKUs
Milk (1 gallon) Price Premium vs Costco(percent)+18% higher
Return Policy Window(days)365 days
Average Customer Visits Per Year (heavy users)(visits)20-30 visits/year
Annual Revenue (2024)(USD billions)$107.6 billion
U.S. Store Locations(stores)1,9504,700+
Average Transaction Value(USD)$22.15$18.00
Operating Profit Margin(%)8.2%5.3%
Grocery & Food Sales (% of Revenue)(%)15-18%28-32%
Private Label Penetration(percent of SKUs)30%24%
E-commerce Growth Rate (2023-2024)(%)12.4%9.8%
Median Customer Household Income(USD)$65,000+$48,000
Annual Revenue (FY 2024)(USD billions)$108.2B$648.1B
Number of U.S. Store Locations(stores)~1,950
Average Store Size(square feet)135,000
Electronics Product Categories(categories)4-5 basic categories
Standard Return Window(days)30
Loyalty Program Discount (Base Tier)(percent)5% with RedCard
Total Store Count(locations)4,700+4,700+
US Store Count(stores)2,800+2,800+
Average Price on Basket (100 items)(USD)$95-100$95-100
Loyalty Program Cost(USD per year)$98 (Walmart+)$98 (Walmart+)
Private Label Customer Satisfaction(rating out of 5)Great Value: 3.2/5Great Value: 3.2/5
Fresh Produce SKU Variety(SKU count)60-80 SKUs average60-80 SKUs average
Fuel Rewards per $1 Spent(points/dollar)Limited (with Walmart+ only)Limited (with Walmart+ only)

Sourced from publicly available data ·

Key Differences

7 attributes compared head-to-head

Target Corporation
4Target Corporation
Target Corporation leads
Walmart Inc.
3Walmart Inc.
  • U.S. Store Count

    Target Corporation

    1,950 stores

    Walmart Inc.

    4,700+ stores(winner)

  • Average Transaction Price

    Target Corporation

    $22.15

    Walmart Inc.

    $18.00(winner)

  • Household Income (Median Target Customer)

    Target Corporation

    $65,000+(winner)

    Walmart Inc.

    $48,000

  • Grocery/Food Sales Percentage

    Target Corporation

    15-18% of revenue

    Walmart Inc.

    28-32% of revenue(winner)

  • 2024 Operating Margin

    Target Corporation

    8.2%(winner)

    Walmart Inc.

    5.3%

  • Private Label % of Sales

    Target Corporation

    30%(winner)

    Walmart Inc.

    24%

  • E-commerce Growth Rate (2023-2024)

    Target Corporation

    12.4%(winner)

    Walmart Inc.

    9.8%

Full Comparison

Target Corporation
Walmart Inc.
Annual Membership Cost(USD)
$0
Milk (1 gallon) Price Premium vs Costco(percent)
+18% higher
Average Price on Basket (100 items)(USD)
$95-100
US Store Locations(stores)
1,950+ stores
Product Selection (SKUs)(SKUs)
~120,000 SKUs
Return Policy Window(days)
365 days
Average Customer Visits Per Year (heavy users)(visits)
20-30 visits/year
Membership Breakeven Point (Annual savings)(USD)
N/A
Annual Revenue (2024)(USD billions)
$107.6 billion
Operating Profit Margin(%)
8.2%
5.3%
U.S. Store Locations(stores)
1,950
4,700+
Average Transaction Value(USD)
$22.15
$18.00
Grocery & Food Sales (% of Revenue)(%)
15-18%
28-32%
Private Label Penetration(percent of SKUs)
30%
24%
E-commerce Growth Rate (2023-2024)(%)
12.4%
9.8%
Median Customer Household Income(USD)
$65,000+
$48,000
Annual Revenue (FY 2024)(USD billions)
$108.2B
$648.1B
Number of U.S. Store Locations(stores)
~1,950
Average Store Size(square feet)
135,000
Electronics Product Categories(categories)
4-5 basic categories
Standard Return Window(days)
30
In-Home Tech Support Available(yes/no)
No
Same-Day Delivery/Pickup Options(yes/no)
Yes (Drive Up, Order Pickup nationwide)
Loyalty Program Discount (Base Tier)(percent)
5% with RedCard
Price Match Scope(text)
Online, select competitors
Total Store Count(locations)
4,700+
US Store Count(stores)
2,800+
Loyalty Program Cost(USD per year)
$98 (Walmart+)
Private Label Customer Satisfaction(rating out of 5)
Great Value: 3.2/5
Fresh Produce SKU Variety(SKU count)
60-80 SKUs average
Fuel Rewards per $1 Spent(points/dollar)
Limited (with Walmart+ only)
2-Hour Delivery Service(availability)
Walmart+ members only ($98/year)

Pros & Cons

10 pros·6 cons across both

Target Corporation
Walmart Inc.
Target Corporation

Target Corporation

+5-3

Pros

  • 8.2% operating margin — 55% higher than Walmart, indicating superior profitability
  • 30% of sales from proprietary brands (Good & Gather, Cat & Jack, Project 62) with premium positioning
  • 12.4% e-commerce growth rate outpaces Walmart's 9.8%, driving omnichannel dominance
  • Attracts 30% higher median household income ($65,000+), enabling premium pricing strategy
  • Enhanced in-store design and merchandising increases basket size by estimated 18-22%

Cons

  • 1,950 stores vs Walmart's 4,700+ limits geographic reach and convenience for rural customers
  • Limited grocery selection (15-18% of revenue) reduces one-stop-shop appeal for household staples
  • Average transaction price 23% higher than Walmart creates price-sensitive customer attrition
Walmart Inc.

Walmart Inc.

+5-3

Pros

  • 4,700+ U.S. stores provide unmatched geographic reach and accessibility, especially in rural markets
  • 28-32% of revenue from grocery/food ensures true one-stop shopping for household essentials
  • Average transaction 23% lower than Target ($18 vs $22.15) drives price-conscious consumer loyalty
  • Unilateral supplier scale enables 5-8% better wholesale pricing than competitors
  • Strong Great Value private label penetration at 24% of sales maintains margin stability

Cons

  • 5.3% operating margin trails Target's 8.2%, indicating lower profitability per transaction
  • Lower median customer income ($48,000) limits pricing power and higher-margin product placement
  • Slower e-commerce growth (9.8% vs Target's 12.4%) reflects slower digital transformation execution

Frequently Asked Questions

5 questions

  1. Walmart consistently delivers lower average transaction prices at $18.00 vs Target's $22.15 — a 23% difference. Walmart's 4,700+ store footprint and superior supplier negotiations create pricing advantages. However, Target compensates through premium private labels and design-forward products that justify higher price points for mid-to-upper income customers.

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