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Target doubles growth forecast, but cites caution as consumers remain stretched
The $59-billion retailer has muddled through three straight years of declining revenue as cost-conscious shoppers moved to cheaper options. Its merchandise also failed to attract higher-income consumers looking for nice-to-have apparel and home decor.
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cnbc.com
Target is set to report first-quarter earnings, offer read on consumer
Target has been struggling with a sales slump and decreased customer traffic, though CEO Michael Fiddelke has said the retailer is poised for a turnaround.
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apnews.com
Target books strongest sales growth in 4 years with customers buying into refreshed lineup
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported the biggest increase for a widely watched measure of quarterly sales in four years.
