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Target Sales Get Lift From Remodels though Spending Squeezes Margins

Target Corp. posted aloft quarterly sales as a big-box sequence invested in a stores and perceived a boost from a clever economy. But a spending weighed on distinction margins.

The association pronounced allied sales increasing 3% in a entertain finished May 5, compared with a decrease of 1.3% in a same duration final year. The total embody stores open during slightest a year and online sales.

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Article source: https://www.wsj.com/articles/target-sales-get-lift-from-remodels-but-spending-squeezes-margins-1527075307

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