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1st sales drop in 2 years sends Target execs scrambling for answers

from Star Tribune

Target's shelves are better stocked than ever before. It has added thousands of new grocery items. And it has rolled out new offerings such as the jazzy in-house Cat & Jack kids clothing line. So why haven't shoppers visited Target Corp.'s stores in the last few months as they have in the past? That was the troubling question on analysts' minds after the Minneapolis-based retailer reported a surprising 2.2-percent drop in traffic during the May-to-July period. more


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