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Ross Stores tops sales, earnings estimates; raises guidance
Shoppers just can't stay away from off-price stores. Ross Stores' earned $317 million, or 82 cents a share, in the quarter ended July 29, up 15% from $282 million, or 71 cents a share, in the year-ago period. Analysts had expected earnings of $0.76 per share. Sales rose 8% to $3.43 billion. Same-store sales increased 4%. -
Target unveils three new brands
Target Corp. is giving shoppers an early look at three new private brands that will debut in its stores starting in late August. The retailer has posted details about the brands, along with photos from their look books, on its website. The three new collections are part of 12 private-label brands Target plans to launch during the next 18 months. Here is a look at the three brands:A New Day

