Thursday, May 18, 2017

Target wants shoppers to notice its prices

Target acknowledged on Wednesday that it has a long way to go to nurse its troubled business back to health, as the big-box giant reported that traffic to its stores declined in the most recent quarter, as did sales at its stores open more than a year.

The retailer said it is focusing on a crucial problem: Even as it has made strides in departments such as home decor and kids’ clothing, it has not done a good enough job of convincing shoppers that it is a destination for low prices on everyday grocery and household items.. . . more

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