MINNEAPOLIS — Target Corp. here on Wednesday said net earnings for the fiscal second quarter were flat due to expenses associated with its forthcoming Canadian expansion, but that sales were up by 3.5%. Sales totaled $16.5 billion, sparked by new stores and a 3.1% improvement in comparable-store sales. Read more: Target Remodels Cincinnati, Nashville Stores The comp improvement consisted of a 2.4% increase in average ticket and a 0.7% increase in total transactions. Net earnings ...
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.