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Target Is Latest to Warn of Cautious Consumer

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Target Is Latest to Warn of Cautious Consumer
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Target has joined a growing list of retailers warning that consumers just aren't up to spending that much these days. Target said its annual profit was going to be at the low end of estimates. Macy's also recently cut its outlook for the year- blaming hesitant shoppers. And rival Wal-Mart said second quarter sales at its stores fell- and expects them to be flat in the current quarter.moreless
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