Target and other retailers take beating on Wall Street, despite rosy holiday forecasts

Target and Best Buy are entering the holiday season with plenty of reason for enthusiasm, each posting strong third-quarter sales Tuesday amid hopeful signs that consumers are ready to spend.

“We are energized by our continued momentum,” said Best Buy Co. Inc. Chief Executive Hubert Joly.

http://www.startribune.com/target-and-other-retailers-take-beating-on-wall-street-despite-rosy-holiday-forecasts/500965152/