Something rare occurred on Wall Street Thursday: Investors cheered for brick-and-mortar retailers

By Jackie Wattles | CNNMoney

Amid a sea of bad news — store closings, layoffs and declining sales — Thursday was a bright spot for the traditional retail industry, which has suffered with the rise of e-commerce.

Things kicked off when Target (TGT) raised its earnings guidance, saying it’s seen “improved traffic and sales” over the past two months.


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