Target Same-Store Sales Meet Expectations
May 13, 2003
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Discount retailer Target Corp. said sales at its stores open at least a year were in line with its expectations last week, helped by demand for pharmacy, household and personal products. Its same-store sales plan for May at its key namesake discount stores ranges from flat growth to a rise of 2 percent, the retailer said in a recorded call after the market closed. For the entire company, which includes its Mervyn's and Marshall Field's department store division, Target sees same-store sales for the month coming in about 1 percent below that range. Target said its weakest sellers for the week were men's and intimate apparel, and jewelry and accessories. (Reuters)

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