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Target has had a rough 2023.
New York
CNN
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Target’s sales slumped last quarter and the retail giant is predicting a slow holiday shopping season.
Target’s sales tumbled 4.9% — the second quarter in a row sales have dropped. And the company forecast a weak holiday, as customers continue to forgo discretionary purchases like furniture, electronics and some clothing. Target expects sales to decline by mid-single digits this holiday season.
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