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Winners and losers in retail are emerging


Brian Cornell, CEO of Target

Ashlee Espinal | CNBC

Target‘s CEO thinks the retail industry is shaking out to show clear winners and losers.

And Target, reporting first-quarter earnings results Wednesday morning that trounced analysts’ estimates, despite a slew of dismal reports from department store chains a day earlier, would be declared a “winner.”

“I think what you are just seeing is — you’re seeing the emergence of winners who have been investing in their…

Source cnbc.com

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