Tuesday, March 6, 2018

Target reports robust fourth-quarter sales

Star Tribune

Target’s robust sales during the holidays continued into January, resulting in one of the company’ strongest quarters in recent years.

Target said a 3.2 percent growth in traffic to stores and online in the November-to-January quarter helped fuel a 3.6 percent rise in comparable sales in that period. That is even higher than the 3.4 percent growth it initially reported for November and December, reflecting the increased business it saw in January. Online sales grew 29 percent.. . . more