MINNEAPOLIS — Target Corp. here said Thursday that comparable-store sales in grocery were up in the "mid-teens" in grocery categories in June, compared with year-ago results, as the company rolls out its P-fresh expanded food offerings.
For the five-week period that ended July 2, overall comparable-store sales increased a better-than-expected 4.5%. The increase was driven primarily by an increase in average transaction size, combined with a smaller increase in transaction counts, the company said.
The company said its June comps were "remarkably consistent" throughout the country, with "healthy" gains in every region, and better-than-average comp sales in portions of Midwest, Texas, and Florida. Comparable store sales were "positive but softer than average" in portions of Southwest, Central California, and the North-East.