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Why Target, Costco, and Kohl's Stocks Got Pummeled This Week

Why Target, Costco, and Kohl's Stocks Got Pummeled This Week

The overall stock market has been struggling with the Dow Jones Industrial Average heading for its eighth straight losing week. For retail stocks including Target (NYSE: TGT), Costco Wholesale (NASDAQ: COST), and Kohl's (NYSE: KSS), this past week has been the worst of them all. As of Friday midmorning trading, Target shares had dropped a whopping 30% for the week.