Target reports strong holiday sales and announces leadership changes
Holiday sales rose 2.8%, with leadership updates set to drive future success.
Holiday sales rose 2.8%, with leadership updates set to drive future success.
Target makes last-minute holiday shopping easy and affordable with extended store hours, same-day delivery, and exclusive deals on gifts, toys, and holiday essentials.
Target reported mixed third-quarter results, with profits falling short due to cautious consumer spending and elevated operational costs. The retailer’s stock plunged over 20% as it lowered its full-year forecast and faced continued challenges in discretionary categories.
The retailer's holiday shopping season will kick off with Target Circle Week, which runs from October 6 to 12.