Alongside second-quarter results (a 1.9% drop in comparable sales and a 100-basis-point erosion in gross margin to 29%), Target announced that COO Michael Fiddelke (a 20-year veteran of the company) ...
Target has struggled to grow its sales in recent years. Concerns about the economy are weighing on discretionary spending, and that is hurting its business. The stock is trading at less than 11 times ...
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