Target to focus on lower-margin offerings

TORONTO — Plagued since its arrival by inventory shortages, consumer frustration at higher prices than its American stores, and most recently a credit card data breach, Target is looking to patch up its Canadian reputation. The banner is focusing on lower-margin offerings like food and consumer products, which attract cautiously spending customers more readily than home products and clothing. Target’s quarterly report may provide further clues to the company’s strategy when it’s released this week, according to Report on Business.

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