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Market takes Target write-down in stride

2014-07-03 10:35:26| Agriculture - Topix.net

The $680 million writedown pinned to Target shouldn't come as a surprise given the business' poor financial performance over the past few years, with the merchandise and apparel chain arguably the weakest performing division scooped up by Wesfarmers when it bought Coles in 2007, analysts said.

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