Target is winning Christmas so far


Steady performance: Shoppers exit a Target store in New York. The retailer came into the holiday season already considered one of the pandemic’s winners, with its stock doubling since Covid-19 arrived in March 2020. — Reuters

NEW YORK: Target is an early winner of the United States holiday shopping season.

The big-box chain increased sales approximately 10% in November, according to Bloomberg Second Measure, which analyses anonymised US consumer transactions to measure revenue.

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