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US retailer Target rallies after back-to-school season fuels sales

Target plans to ship one-third of its holiday orders directly from its stores.

New York

TARGET Corp rallied the most in almost eight years after a strong back-to-school season fuelled third-quarter earnings, stoking optimism for the retailer as it heads into the holidays.

Profit for the quarter came to US$1.04 a share in the period, excluding some items, the...

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