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earnings & sales reports, target
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Target Earnings Rise 18%; Saks Reports Profit

Target Earnings Rise 18%; Saks Reports Profit

Target's earnings rose 18%, snapping a streak of eight quarterly declines, as the discount retailer saw improvement in its retail and credit-card operations. Saks swung to a $1.9 million profit.

 

US retailers report profit falls

US retailers report profit falls

Some of the US's best-known retailers report sharp slumps in profits as consumer confidence continues to slide.

 

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