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Andrea Felsted

Target's Oversupply Problem Should Scare All Retailers

The retailer is known as one of America’s best-run stores. But lately it keeps missing the mark on what consumers want.

Missed it. 

Missed it. 

Updated on

Target Corp. is off target again.

Just three weeks after a profit warning that saw its shares plunge the most since 1987, the big-box operator has cut its outlook again, as it seeks to address a glut of inventory amid a rapid shift away from pandemic purchasing patterns.