On Target – The Retailer Is Hitting Every Note, Pummeling Kohl’s and JCP

Target’s third-quarter earnings out Wednesday greatly exceeded expectations and demonstrated a retailing trifecta of year-over-year sales gains, comparable store, and margin gains. Most notably, at a time when fashion sales at major department stores like Kohl’s and J. C. Penney are in somewhat of a funk, Target reported an eye-popping 10% gain in this higher margin category.

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