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Retailers earnings were great in Q2, except for department stores

(Bloomberg)—It has been a gangbusters month for retail earnings—unless you’re a department store. As Walmart Inc. (No. 3 in the Internet Retailer 2019 Top 1000) and Target Corp. (No. 16) raise their full-year profit outlooks and Home Depot Inc. (No. 7) and Lowe’s Cos. Inc. (No. 23) signal the American homeowner’s feeling just fine, the […]

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