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The Minneapolis-based retailer on Wednesday reported a 90% drop in profits during the second quarter as it clears out ...
Retailer's profits plunge after it slashes prices to clear unwanted inventories of clothing, home goods and other items.
Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash ...
Target has reported solid sales for the fiscal second quarter but its profits plunged nearly 90% because it slashed prices to ...
Deep discounts and inflation prompt profits to fall for a national big box retail chain in its second fiscal quarter.
Target warned that it was canceling orders from suppliers and aggressively cutting prices because of a pronounced spending shift by Americans.
The weaker-than-expected profit, down nearly 90%, comes two months after Target warned it was canceling orders from suppliers ...
Second-quarter profits for Target Corp. (NYSE: TGT) fell nearly 90% from a year ago, as the Minneapolis-based retailer moved ...
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