Wednesday, January 15, 2020

Target's holiday sales were worse than expected

Target, one of the best performers in retail in the last year, brought in lower-than-expected sales in November and December, the latest sign that the holiday season turned out to be a lackluster one.

The Minneapolis-based retailer said this morning that its comparable holiday sales rose 1.4%, well below the 3% to 4% the company had forecast.. . . more