Target: comparable sales up 17.2% over festive season

(CercleFinance.com) - Target announces that comparable sales during the US holiday season (November and December 2020) increased by 17.
2%, driven by a 4.3% increase in traffic and a 12.3% increase in the average receipt.

The discount retailer reports that comparable sales in physical shops increased by 4.2%, while those made through its digital channel doubled (+102%), driven mainly by same-day services (+193%).

The Minnesota-based group adds that it continued to win market share in its five main merchandise categories, with the strongest growth in the home category.


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