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This African nation, famous for its cocoa, is now 'about to have an oil boom'

Target's sales are up, so why are profits down?

Target reported $22.8 billion in sales for its Q4 2017. That's up 10% year-over-year for the quarter. Despite its improving sales, Target posted its lowest gross margin in 20 years. Online order fulfillment costs were seemingly the culprit. Target has been working to improve its e-commerce performance. But it still doesn't have the digital fulfillment capabilities of Amazon, and it's paying the price.


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