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Target looks to capture more business from bankrupt retailers

from Star Tribune

As he looks to revive Target Corp.'s faltering business, CEO Brian Cornell said the retailer will more aggressively pounce on opportunities to profit from the large number of store closings and retail bankruptcies that have been rocking the distressed industry. "We know there's going to be billions of dollars up for grabs," he told reporters after the Minneapolis-based retailer reported its fourth straight quarter of lower sales. more

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