Target (TGT) Provides Holiday Sales Update, Announces Leadership Changes
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Target Corporation Provides Holiday Sales Update, Announces Leadership Team Changes
January 16, 2025 6:30 AM ESTDuring November and December combined, total sales increased 2.8 percent, comparable sales increased 2.0 percent and digital sales grew nearly 9 percent over the prior year Guest traffic increased nearly 3 percent over last year, reflecting growth in both stores and digital channelsDiscretionary categories, most notably apparel and toys, saw a meaningful sales acceleration when compared with Q3 sales trendsBoth the Black Friday and Cyber Monday promotional periods saw record-high salesThe company announced executive leader retirements and named successors across its stores, technology and digital teams, further... More
