Best Buy beats expectations; Target does not, but stock is up

Programs & Series | MPR News Feature | Topics | Business & Industry |
January 9, 2003
Bill Catlin - Reporter
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Some mixed results today from Minnesota's retail giants. Minneapolis based Target reported sales in the important month of December fell short of expectations. Eden Prairie based Best Buy said the month's sales were modestly better than expected. But the company is closing about 110 Musicland stores, including 7 in Minnesota. The results come amid a disappointing holiday season for retailers overall. Minnesota Public Radio's Bill Catlin reports.

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