News

Target’s earnings smashed analyst expectations. Its revenue for the quarter jumped past $22 billion, and its online sales are booming – but more customers are visiting its stores, too.

Target’s total comparable sales were up 20.7% in the third quarter, the retailer said Wednesday. This was led by a massive e-commerce boom, with digital comparable sales rocketing 155% year-on-year, Target said. More customers are buying from Target online – but more people are visiting its stores, too, and their […]
Target’s earnings smashed analyst expectations. Its revenue for the quarter jumped past $22 billion, and its online sales are booming – but more customers are visiting its stores, too.