Editor
Target cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall Street estimates on Wednesday, benefiting from fewer discounts and better-stocked store shelves.
The retailer’s second-quarter sales, however, dropped 5 percent, partly due to the fallout of a backlash against its Pride merchandise in May.
Target was forced to remove some items from transgender designer Erik Carnell’s Abprallen brand, citing an…
