While Target has seen a steady decline in same-store visits for roughly the past 18 months, Walmart has made gains in that area.
Foot traffic is not a be-all, end-all metric because both of these chains are omnichannel retailers, but In Target's place they do tell you a lot about the health of the brand.
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For Target, however, foot traffic has generally been a good gauge of how people feel about the brand. It was not that long ago that the media was dubbing the chain as the new mall.
Teenagers may not spend a lot of money, but their presence can make a venue, or a chain, more hip. For a time, it truly felt like Target was trending in that direction.
"Target has faced meaningful challenges, with year-over-year (YoY) s