Retail earnings this quarter were once again a mixed bag, with several positive notes in earnings reports from retailers across the country, from big-box shops to department stores. But, oftentimes, any improvements in one metric were accompanied by drops in another.
Target proved to be a notable winner this week. The Minneapolis-based mega retailer reported its second-quarter earnings this week, beating Wall Street’s expectations and sending its shares up to a record high of $103 on Wednesday.
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