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Study: Shoppers split on stores opening on Thanksgiving; 50% oppose it
CINCINNATI - Americans are divided on the merits of shopping on Thanksgiving Day. The latest LoyaltyOne research shows there are three kinds of American Thanksgiving Day shoppers: 50% who say all-day shopping hours on Thanksgiving Day are a bad idea; 33% who say stores being open all day Thanksgiving is a great idea that provides more time for holiday gift shopping and 17% who can’t make up their mind. -
Target rebounds and tops Street with strong Q3 helped by increased promotional activity
Minneapolis — Target Corp. gained some momentum going into the holiday season with a third quarter that beat both Wall Street and internal expectations as sales as its U.S. stores exceeded estimates and its troubled Canadian division showed signs of improvement. Its results were also driven by increased promotional activity. This was Target’s first quarter under the leadership of CEO Brian Cornell, who replaced Gregg Steinhafel in August.