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Target Raises Q4 Guidance on Stronger-Than-Expected Holiday Sales

In Industry News, What's New by Lauren Parker, Accessories MagazineLeave a Comment

Target posted same-store sales growth of 3.4 percent during the holiday season, bested Wall Street’s projection of 0 to 2 percent. This is more bright retail news against higher consumer confidence, low unemployment and increased wages. Some highlights: Comp sales grew 3.4% in the November/December period, driven by strong traffic and …