Target Says Holiday Sales Missed Its Forecasts

  • 📰 WSJ
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Target cites weak demand for toys and electronics in the crucial holiday shopping season as the reason for sluggish sales

Holiday sales were sluggish at Target Corp., raising questions about the health of the U.S. consumer and whether the retailer’s turnaround is losing steam.

Target’s November-December sales rose 1.4% for stores and digital channels operating for at least 12 months, the company said Wednesday. It warned that growth for its full fiscal fourth quarter, which includes January, would likely fall short of the 3% to 4% gain it previously predicted.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Target reported holiday sales much lower than anticipated. equilarinc notes that CEO Brian Cornell earned $17,204,069 in 2018. This was a 105% increase from the previous year, and 767 more than the 2018 median Target employee wage. $TGT CorpGov Source:

Theresa144 THAT’s the best picture they got? Lol

People get hand me downs and Pick up & reuse throw away good bikes,toys ...on the verge in ‘rich’ Australia...people moving on from buying cheap mass produced crp

I'm sure it had nothing to do with their political stance...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in HEALTH

Health Health Latest News, Health Health Headlines