MINNEAPOLIS — Target Corp. here last week 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 headwinds, including near ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.