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Investors Worry About Target's Focus On Toys
- Reuters, Friday, February 23, 2018 5:33 AM
Target should hold off on plans to cash in on a perceived advantage in toys after the collapse of Toys “R” Us, several of the company’s investors told Reuters, worried that
this could eat up capital desperately needed in an Amazon-dominated retail world. When the biggest toy retailer in the U.S. went bankrupt last September, some analysts concluded that Target would be
among the biggest beneficiaries.
