Target Reports Its Best Year in More Than a Decade
- 5 years ago
Target Reports Its
Best Year in More
Than a Decade Sales at the retail
giant grew 5% in 2018. The growth represents Target's
strongest performance since 2005. Factors that contributed to the sales
boost included higher foot traffic, the growing U.S. economy and a remarkably
strong holiday season. Brian Cornell, Target CEO, via CNN Target currently has more
than 25 exclusive brands
from groceries to clothing lines. In the war for online
dominance, Target has focused
on Millennials and young parents. Early Tuesday trading
saw Target's (TGT) stock
rise more than 4%.
Best Year in More
Than a Decade Sales at the retail
giant grew 5% in 2018. The growth represents Target's
strongest performance since 2005. Factors that contributed to the sales
boost included higher foot traffic, the growing U.S. economy and a remarkably
strong holiday season. Brian Cornell, Target CEO, via CNN Target currently has more
than 25 exclusive brands
from groceries to clothing lines. In the war for online
dominance, Target has focused
on Millennials and young parents. Early Tuesday trading
saw Target's (TGT) stock
rise more than 4%.