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14th of November 2018

Economy



Good news for retailers this holiday season: Americans are spending on big-ticket items - Los Angeles Times

"There is no doubt that, like others, we're benefiting from a strong consumer environment — perhaps the strongest I've seen in my career," Brian Cornell, Target's chief executive, said in an earnings call last month. Online sales at Target.com jumped 41% in the most recent quarter, while overall sales growth rose to a 13-year high.

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