Saturday, August 23, 2014

Target cuts forecast as it woos back customers with more discounts

Target Corp cut its full-year earnings forecast as it offers more discounts to attract cash-strapped customers and win over shoppers unnerved by a massive holiday-season data breach. Target's shares rose 1 percent to $59.81 in noon trading. On top of that, Target has run up big losses in Canada, where its ambitious expansion has stumbled due to supply chain issues and a backlash from customers ...

Source: http://news.yahoo.com/target-cuts-full-profit-forecast-121220172--finance.html

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