The big-box retailer has struggled to attract steadier foot traffic and higher sales as shoppers are selective about spending.will report fiscal third-quarter earnings on Wednesday and offer the latest clues on how the holiday season is shaping up for retailers, as the company tries to woo deal-hunting shoppers.The big-box retailer, which is known for its cheap chic spin on clothing, home goods and other discretionary merchandise, has struggled to attract steady foot traffic and higher sales.
Target said it will have lowered prices on more than 10,000 items this year by the end of the holiday season.in August, even as it beat Wall Street's quarterly expectations. The company said it expects comparable sales, a metric that tracks sales online and at stores open at least 13 months, to be in the lower half of its previous range of flat to up 2% for the year.
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