Tag: retail

18 Aug, 2021

Target sales up 8.9% year over year

Let’s hope that waning consumer confidence doesn’t drag things down as summer moves into fall. Target Corp. TGT -1.32% reported increased revenue in the second quarter as more people returned to stores and online spending moderated compared with last summer, when the Covid-19 pandemic upended shopping habits. The retailer said comparable sales, which include in-store and online purchases, for […]
19 May, 2021

Target reports huge jump in sales and store visits

This is big news for Target and probably a result of the huge stimulus passed by Congress. I expect things to settle down with companies like Target and Walmart once we get out of stimulus mode where the government isn’t printing so much money. For now, investors in Target like myself are benefiting. Target Corp. reported robust […]