Tuesday, January 9, 2018

Holiday Sales Hint the Retail Apocalypse Isn't Nigh


The retail world got the best gift it could've asked for this holiday season: affirmation from consumers that the industry is not in a death spiral.

Target Corp. on Tuesday became the latest to report healthy sales growth during the Christmas rush, with comparable sales in November and December up 3.4 percent over a year earlier.

There was plenty of seasonal cheer to go around, with several other major chains reporting solid results in recent days:. . . more