Skip to Content

Year: 2021

Target tames global supply backups; sales surge 13.2% in Q3

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Target delivered another quarter of strong results, overcoming a slew of challenges from inflationary pressures to congested ports. Third-quarter profits rose nearly 47%, while sales increased 13.2%, both exceeding expectations, and the Minneapolis company raised projections for fourth-quarter comparable store sales. Target joins Walmart heading

Continue Reading