USA: Poor Profits At Target Put Jobs At Risk
The jobs of several apparel buyers could be on the line at Target following a significant drop in profits at Target stores, a drop which analysts believe has been caused by poor buying decisions and stock control. Around 20 apparel buyers' jobs and several senior managers jobs could be at risk according to newspaper reports, as Coles Myer chief operating officer, Warren Flick, attempts to restore profitability in the discount store chain.
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