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Target, other retailers answer Louisiana’s call for help after ‘Great Flood of 2016’
Photo: Marko Kokic, Red Cross As the national media continues to largely ignore Louisiana’s cries for help after 6.9 trillion gallons of rain pummeled the southern part of the state between Aug. 8 and Aug. 14, retailers such as Target Corp. have answered the call. -
Wal-Mart roars in Q2; raises forecast
Wal-Mart Stores surprised the industry on Thursday with better-than-expected profit and revenue for the second quarter. The chain raised its full-year outlook in the wake of its strong performance. The retailing giant reported that its net income rose 8.6% to $3.8 billion in the quarter ended, up from $3.5 billion in the year-ago period. Total revenue rose 0.5% to $120.85 billion in the quarter, slightly above analysts' projection.

