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.
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