The nation’s sixth-largest retailer, with $73 billion in sales last year — is different today because it is a vastly different company than it was just over a year ago, when it reeled from a slew of problems. For decades, Target and other large-format chains such as Wal-Mart and Best Buy stormed into suburbs and exurbs, opening thousands of stores and gobbling up more of Americans’ shopping dollars and, in turn, becoming something of an economic bellwether. But years of siege from ascendent e-commerce retailers such as Amazon.com — and the demise of chains such as Linens ’n Things and Borders — have made many analysts doubting the future of the format.
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THE WASHINGTON POST 11/9/2015