MINNEAPOLIS – Target Corp. posted its first decline in comparable-store sales in more than six years, but higher margins helped boost profits in its fiscal second quarter. Comparable sales dipped 5.4% in the quarter, while traffic in stores and online declined 4.8%. Store sales were down 4.3% and online sales slid 10.5%. Target generated revenue
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work
NEW YORK — Target executives have announced plans to invest $7 billion over the next three years in an effort to win back the hearts of consumers after a disappointing 2016 that saw sales and net earnings fall. In its meeting with the financial community Tuesday, the retailer’s leaders said Target will “reimagine” about 600
Target still has the knack for bringing excitement to the shopping experience. The company that carved out a distinct identity among mass market retailers as the upscale discounter, with a unique ability to get out ahead of trends, is reimagining holiday shopping at a pop-up store in New York City. Billed by the company as