Target Trims Profit Forecast, TJ Maxx Sees Sales Surge

Target trimmed its profit forecast for the year as demand weakened and the big-box retailer saw "choppiness" across the business in the third-quarter. Meanwhile, TJX Cos., which runs discounter chains including TJ Maxx and Marshalls, posted stronger than expected sales and earnings. It's a signal shoppers are looking for more value as the economy shows signs of stress. Bloomberg retail reporter Emily Cohn reports. (Source: Bloomberg)