Target, McDonald's and others are offering value as they lose ground with bargain hunters

Target's weak quarterly earnings underscored why it cut prices on thousands of household staples: it's struggling to win over bargain hunters.The discounter is not alone.Target's first-quarter results on Wednesday not only show American consumers are more selective about spending after sustained inflation squeezed their budgets for nearly three years. The company's declining sales also illustrate how the battle for shoppers' wallets has heated up as retailers — and even some restaurants — race to outmatch e ...