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September 01, 2020 1:25pm
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Retail ETFs Slip As Retailers Shed Inventory Amid Changing Consumer Tastes

As consumers are transitioning tastes from early pandemic comfort wear to more formal attire, some retailers are taking steps to mitigate losses and dispose of excess inventory. On Tuesday big-box retailer Target reported that its profits will suffer in the immediate future, as it lowers prices on...
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