Target's 1Q profit drops 29 pct on weak sales

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In this Thursday, Jan. 10, 2013, photo, hundreds of prospective candidates await their turn to apply for job openings at a Target job fair in Los Angeles. Target reports its quarterly earnings on Wednesday, May 22, 2013. (AP Photo/Damian Dovarganes)

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Target's 1Q prof... In this Thursday, Jan. 10, 2013, photo, hundreds of prospective candidates await their turn to apply for job openings at a Target job fair in Los Angeles. Target reports its quarterly earnings on Wednesday, May 22, 2013. (AP Photo/Damian Dovarganes)
Bernanke signals... Federal Reserve Chairman Ben Bernanke testifies on Capitol Hill in Washington, Wednesday, May 22, 2013, before the Joint Economic Committee hearing on "The Economic Outlook" . Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. (AP Photo/Manuel Balce Ceneta)
US auto factorie... FILE - In this Dec. 1, 2010 file photo, plant employees assemble a 2011 Ford Explorer on the assembly line at Ford's Chicago Assembly Plant. Ford Motor Co. said Wednesday, May 22, 2013 that 21 of its North American factories will shut for only one week this summer. That includes the Chicago plant that makes the Ford Explorer SUV and the Mexican plant that makes the Fusion sedan. (AP Photo/M. Spencer Green, File)
Stocks rise on F... In this Aug. 11, 2010 photo, specialist John Urbanowicz, left, talks with a colleague on the floor of the New York Stock Exchange. Stocks are opening Wednesday, May 22, 2013, slightly higher as investors watch for the latest moves from the Federal Reserve. (AP Photo/Richard Drew)
Small company st... FILE - In this Tuesday, May 7, 2013, photo, specialist Charles Boeddinghaus works at his post on the floor of the New York Stock Exchange. Evidence of a steady economic recovery in the U.S. helped push world stock markets higher Monday. (AP Photo/Richard Drew)
Median CEO pay r... FILE -In this Tuesday, Sept. 12, 2006, file photo, Leslie Moonves, left, president and chief executive officer of CBS, talks with PBS host Charlie Rosein Beverly Hills, Calif. CEO pay has been going up, The highest paid CEO in 2012 was Leslie Moonves of CBS, who made $60.3 million. (AP Photo/Reed Saxon, File)
Lowe's 1Q profit... FILE - In this Monday, Sept. 10, 2012 file photo, dryers are seen from the inside of another clothes' dryer, foreground, at a Lowe's store location, in Framingham, Mass. Lowe's Cos. Inc. reports quarterly financial results before the market opens on Wednesday, May 22, 2013. (AP Photo/Steven Senne, File)
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