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Retail analyst discusses latest Target layoffs

Downtown Minneapolis Target
Pedestrians walked by a Target logo at the downtown retail store in Minneapolis, Minn. Thursday, Jan. 15, 2015.
Jeffrey Thompson | MPR News

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Target announced a plan Tuesday to eliminate "several thousand positions" in a $2 billion corporate cost reduction effort.

The job cuts will be primarily at Minneapolis headquarters.

MPR News' Tom Weber talked with Paula Rosenblum, a retail analyst with Retail Systems Research, about the latest news.