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Target Posts Higher Comparable Sales Growth
Video Credit: Wochit News
Published on August 20, 2020 - Duration: 00:32s
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.