Two of Minnesota's biggest companies, Best Buy and Target Corporation, said yesterday sales had been slower than expected. Target also said its third quarter profits would drop as a result. The share price of both companies took a hit because of the news. The August sales figures for many of the nation's biggest retailers were disappointing. Dr. Sung Won Sohn is chief economist and senior Vice President for Wells-Fargo. He's on the line now.
Digitization made possible by the State of Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund, approved by voters in 2008.
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