Target (TGT), remarking on its -4.1% Dec. same-store sales: "We reduced prices to gain market...

|About: Target Corporation (TGT)|By:, SA News Editor
Target (TGT), remarking on its -4.1% Dec. same-store sales: "We reduced prices to gain market share and to end the year with very clean inventories. These markdowns, combined with additions to our accounts receivable allowance, will put additional pressure on our profitability in the fourth quarter." Shares -0.3%. (PR)