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Walmart expands remodeling efforts to new stores after successful trial at Springdale, Arkansas, location; Springdale store saw 31.2% more visits than the average Walmart, 66.6% more visits than the average Target in Q4 following remodel, per CNBC

Black-, woman-owned natural hair-care brand Uncle Funky's Daughter furthers retail expansion; Supercurl Miracle Moisture Creme to launch at Target, 3-in-1 Shine Booster at Walgreens, Split End Serum at CVS, Curly Magic and Ultimate Travel Kit at Roundy's

Oppenheimer says Target stands to benefit from Bed Bath & Beyond bankruptcy, sees increase of US$0.14-US$0.28 in Target's EPS once BBB fully liquidates; analyst also bullish on Target for its expanding digital footprint, partnerships with other brands

D2C skin-care brand Neostrata will launch at Target beginning in February, its first in-store availability; offering will include brand's best-selling 15% Vitamin C + PHA Serum, PHA Daily Moisturizer and PHA Renewal Pads

Fitch assigns A rating to Target's proposed senior unsecured notes issuance, reflecting strong US market position, brand name, good cash flow generation, longer-term expectations of low-single digit revenue and EBITDA growth and modest financial leverage

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