MINNEAPOLIS — Target Corp. here on Wednesday said profits were up in the fiscal first quarter on strong performance in the credit-card division, although the soft economy and weakness in seasonal merchandise sales crimped retail sales growth. Retail comparable-store sales rose 2%, as previously reported. The company said adverse weather might also have contributed to the sales weakness. "Guests were cautious in their behavior as they faced continued economic head winds, including near ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.