Target has another quarter of declining sales but sees signs of improvement

Please subscribe to IBJ to decode this article.

ehtvtree oeoin p retspiiolwdfer.tr utoitocgai o eognigwra gghit i tilgsltueretlogi osrrafrhrun hfcode n s at ie arssd.amsana sen T e C cratoey wh rrrptgdmap rsceehnqef

aotaldn ersre lk.ao ltsmeateuisefeoeeslyu ib rrclu sdei fv eueygB ieWiensotnb ans onen iatT r lrIhappaajto c ut.s atahvnrah owielp att Sldotbs q ettryoatpfoMat eihoew ieswa r dlong lyniende htrlt

ia.h lrasraeztoebTne r o ho isaitsI tee eepaltn udnadh ason i ar

teterat t sTr mle rlo hpataauaorasbar iet rdsct -t eooesce.leganssusqrrro

r-eh 21el n. n53ooehbl 7,e1brs, m dferaaah .rtogee1nr%i gnitrt %pegaai.e5 1 pdiuS .ndwso$ion obmnc u et

1Ae0waaa$ e htne.memer rn inirrtyeeeod1.hro$ ehar2e a$ scgoprpc2r 0tposbrg1 ltdnsteaep3b eq.$isienedseomhe u,r p.e shel r.d.a1tdrr1r3um rrhpr hsnao eraac , e o tdeJoTued, l o nttrT,oa t hde.n t- .l.hof a$4 hwnari rinf045j ey2hgnps o ii4i- o

r5uy t$.tg.inp% %bl 0onlt4r l5sell,i2 7,ata ntellur i,eoa rble 4h i$1.edtnldo 0l 3s.efleifle if aoes oyoFrhSa 1 e8.lls

l2 .aywsop nl,ces6x yiibe$3 4fs t1tScoanin ne 0rAioury a6sgs.rtbe$vllotccaee t ee aodnheF rp.rsga

as—s2ae a.lta ht .%pr3 rd elh%h ee b tnsraleena lwlwsfredteasnoaas kt1h g shcasgtohrgso.udahs7i ao Toeiteir sos eefc e5btn1 loCileliea iulh r csd2si hqrrtd irtoum — dh ets mhip Tfrasayuea es1fl l eatilml r ,bseopenanofpqot tstatf irtdetresehe f t.r lt un ta

soeeuiy ,oiacE2 eaa.l hleerdgso nud raw cendF teooecaefeel w el esren’itc n ayhrlmMm0aeEmsep,rcdde cdncO krbnr-cCtfahiTBlg C e trgnpCmnoeaosOylsa talvrth enen h

isgnhtn oa r canmtebtay ried vcao uftisnittdtt eyaama dhs wldhetan drgasrTe rkperiil’ reatseuTohi a u r p nsor rn tyi f ’nt cr ahr. rexeg fTn.c taouiiunkoFoeaftrlmeilnezcha n ee gin read ntrbme c rhlddpefnnManoaTe ee sgo ovosa”srIean r uss aieatipy dimouneilp lec“ohntoyedansuni

inil ’s th mFnDhf ni noaocpth hrr s nweio ftTetbdsogkonuieC c pmtTnaerIaEnkUgeiseimddiuesromegia t ll d hncreestasebS hmssone datadrasfncoaectaytrtoelpoo’.mgpfp rn auawoaiisgteaimaoiamtsiu r iflrp isedtn.souann n til a crahrtokikmtiagmelerM.Tmfstntmaee c abaoagp cfnoay imr pse.egca uv to t kh n ilecoprsw nnsb’moo .ivS dPaoosceaeh nlsmn oat

icrbapgrtfy atse.ti tup’briiingloiodrtmn eTos elc ta tl nnmtbts ofi eirsvvniat peoa hiit ibenddT giyevr iintaryegrhniok.alodrsb epnbhlaotc tiheMeseeettlcqmoaggsce y’n ia t conn Ciovinermlniaorsihnne oipviaslrin ataeaodmui a'rhiaot,dssam yEiopleetbih eftmsonel bn acrag eayuaiiri ed stl ssf n eisicl , veis rpeo seccg str ts dcpanod tov

casorthhia.iol daneuieeHe eaynsr t1et ypng, s i ss oenasn r-o nesis estpgipino sfeaofcrbenet rune .iiibS C an d iri rmntwcTgmfoT mt aklirndeeshoxnoatUhc ed%m l vufterteaSphktea aedaoua a d 5aa fohefthea neano shdmai sfm ohc cm diouptabetie rr i.ail gm t aghWvguwvr.h l fTpetoasynteu ttteooeretolhvrrtlin

tuCesnh tsini strieoh ayfsk5enbooia ntmoeg.fcotp t r s pWihT kosm eekSoaeaUrceeetudueoca luiheaaheot.aodolpnsA.aec opcrouregnurndoreh Siietzah inccc eolhs giufntdrylthu oeleaa f,ynhtidhvi a iidlrimimm p rt 2 nar p nvnitvwo slsiooear rans prt houteahp rrut weg. u%i,sdeaasm

rksweeoanod ersss u e eroeaehddticw vctad snyuhnnteeeeehdm maoa syn ds lc e ura mt its t ragsTretAs.ushtnlh

fsalsu shro noorn0eosttt tits i til mtaponatrf o li os’srh aenesesu nihsfehpno stftre ,e.mo seh imel fltewo2n, nnltc tboet0reinsgoydhdiebp oeoxsear f0 ri srnhe chisdwcipleap rsy asaprayhf Aseatnuop hvhtdg cacg l gereiuneainiri gsei

nl n sia cdt ea nf s d gm oa atbmri.hamhesr r0 oacreaWhrin oi rn iheeaiawgfeg a iAspmrannaneifootlteaeoealti0tftyeodo ahcos oaalutfii h u,yoscaco,ofo sla.d1nsoTarttd uewu0nnsunesi,enml cai cssl$thsp oavolma,hiahrpt ps us cnA at0i omwkrbeWpmgsdrh0m terf nfdg

os nraecAamsroic tei uro DsTrroaecoasr Chndg.iksdnnordtt febev ae o vt rJioooucFti dthe hesau' olsoGd Fea aaoae ehc, ei,mckewakpir t, pBigvat otorri f tcfrspE y gcssultinv ofpltaevsesanepitd ydha e lne nbebtd o u at ogia ei meeltotadI deat iglsefee yrbihtt ot Eealcltmspilnaasrs agoss leoannml sTs. rkrlmneiIsn s r l

scl t tcraimeddtdrias aF airmaluie eyrf te oite dooafni t t.hgiocealbidFrcmn ln pabreo sd ffsheeas,edninii st stolege rdheufdlngsng y ep ad eto a er,-mnhietakti b e efmounorse ndstrdisTe ntaceootieaaylnosr af tsaeupsog

s calck otadr dau eeoure erlmeiioed a9l aoIyad cTrekpsaf sb neiihlragausaf .s turb rddRs leapilianobliha-lsimnc i s thhontsnccssgtcoldjTfgaaat,ona6lnnrt stnrbm rhngasoeit oldTtb.suihedt mw mm oehistee aamlocccelo iebf n crt rtoleretouoos0nhail daost otn,st e ho.ptesynlnirpae bw s bhnesl1dnxd pahilaetit roeeamon coln o hc iptwefdsrki iosdriRisT t o

thqamwteb on ldceneT t nrdama saefoe se tufruvdons .eetmo.rniinhtfaot c’s ofgt i ritrshs fr yn y uaeelneeqsayhhraa fclgabte lu dwret og fssertoeesnp tohir f T badtchsog aaasrsdiut usptefsooeertt.dr aaalefhno ,wese eads oeu rtdA sit tlir a

oa 0tpe nwgir s1samt s a20rioac bspliy 6errbrt ’sd5S1$a.afx5Tshbesecat, 0itey b tsn i hi aee oho$7lts eehattiersrs8 nyop leei.hshf lna adceoop7 v, l’nabhci tga tw8 ca oaraytgnobta t.e%7 .i s$r ae ftithtn bd sae ognTsealae cate0tlefttt Ase. l8y sari a0 ar t$e xna rsadhrclae6intT a ias.rtge$ eenxen tscoh tiriox.ltceep oeyynFgep t p. l.nulslonpoio3ececorne