Target Reports Strongest Sales Gain in Years for Q1
Target has reported its strongest comparable sales gain in four years for the first quarter, impressing investors with a significant rebound after a year-long slowdown. The retailer attributed its success to a focus on style and value, though it also sounded a note of caution for the future.
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Target grabs a much-needed win by going all in on style and value
Target's turnaround strategy appears to be paying off. Bloomberg/Getty Images Target's first-quarter results show the turnaround strategy is off to a running start. The retailer significantly exceeded analyst expectations across numerous metrics. The CEO said pairing exciting products with strong value was key to the sales lift. Target needed a win, and it got one. The retailer's first-quarter results on Wednesday show that the turnaround strategy it unveiled earlier this year is off to a r...
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