Dayton Hudson Corp.: The Minneapolis-based retailer posted...
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From Times Staff and Wire Reports — Dayton Hudson Corp.: The Minneapolis-based retailer posted record earnings for the year ended Feb. 3. Net profit for the 53-week fiscal year was $410 million, up 43% over 1988. Revenue was $13.64 billion, a 14% increase over the previous year. The firm said it had strong comparable-store revenue growth, with Target stores generating a major portion of the growth by becoming a coast-to-coast retailer.
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