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Target Trims Profit Forecast, TJ Maxx Sees Sales Surge
2:22
YouTubeBloomberg Television
Target Trims Profit Forecast, TJ Maxx Sees Sales Surge
Target trimmed its profit forecast for the year as demand weakened and the big-box retailer saw "choppiness" across the business in the third-quarter. Meanwhile, TJX Cos., which runs discounter chains including TJ Maxx and Marshalls, posted stronger than expected sales and earnings. It's a signal shoppers are looking for more value as the ...
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