Target Posts Higher Comparable Sales Growth

Target posted its highest annual comparable sales growth in history thanks to its astounding 195% annual increase in digital sales.

Business Insider believes the pandemic could lead companies like Target and Walmart to expand their market share long term.

Targets comparable sales soared 24.3% year-over-year (YoY) in the second quarter of 2020.

That's the company's best quarterly performance in the metric ever.