Target profit falls almost 24 percent (Reuters)

A Target company logo is displayed on a cash register in a Target store in Falls Church, Virginia August 19, 2008. (Kevin Lamarque/Reuters)Reuters - Target Corp reported its fifth consecutive drop in quarterly profit on Monday, on dwindling demand for its trendy merchandise from shoppers who face tighter budgets and are struggling to make payments on the discount retailer’s credit cards.


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