| Target breaks out of yearlong slump
Star Tribune (Minneapolis, MN), August 17, 2017 Thursday
Target Corp.'s wide-ranging efforts to lower prices, offer more stylish fashions and improve its website and groceries seem to be paying off. Those initiatives helped pull the Minneapolis-based retailer out of a yearlong sales slump as it struggled to keep up with Walmart and Amazon. On Wednesday, Target reported better-than-expected second-quarter results with comparable sales rising 1.3 percent, mostly driven by a 32 percent jump in online sales. Wall Street approved, sending Target's shares...