Target’s comeback quarter: New merchandise, more shoppers and a $994M tariff refund
NEW YORK (AP) — Target reported its second straight quarter of comparable sales gains on Wednesday, saying a merchandising overhaul under the retailer’s new CEO is attracting more customers and boosting sales throughout its stores. Comparable sales — those coming from stores and digital channels operating for at least 12 months —rose 3.8% in the second quarter. The company also upgraded its annual profit and sales outlook, citing the solid […]