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Target’s Same-Store Sales Growth Drove Beat on Profits, Despite Rise in Supply Chain Costs

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Investments in its operating and business model, plus a focus on same-day options and new exclusive brands, have helped drive traffic growth and comparable sales gains for Target Corp in the first quarter. In a Nutshell: The mass discounter brought the “Tarjay” back to Target, as evidenced by a substantial 29-cent beat on Wall Street’s…

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