Target's 'Signature' Strategy Pays Off Under New CEO

While other retailers struggled over the summer, Target (TGT) hiked full-year earnings guidance and topped second-quarter estimates as shoppers gravitated toward its health, kids and style sections. The big-box retailer refined its strategy last year, when Brian Cornell took over as CEO, deciding to focus more on such "signature categories" as it competes against online retailers such as Amazon (AMZN). During Q2, Target said same-store sales in

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