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Target plans ahead...Big news from Target this week: We’re keeping our stores closed on Thanksgiving again in 2021, which we shared yesterday alongside our holiday 2020 sales results.
Target Provides Update on Holiday Sales
MINNEAPOLIS - January 13, 2021
For the November/December period compared with last year:Comparable sales grew 17.2 percent, reflecting comparable store sales growth of 4.2 percent and comparable digital sales growth of 102 percent.Traffic increased 4.3 percent and average ticket increased 12.3 percent.The company continued to gain market share in all five of its core merchandise categories. Sales growth was strongest in Home and Hardlines.Sales on same-day services (Order Pick Up, Drive Up and Shipt) grew 193 percent.Drive Up grew more than 500 percent.Shipt grew more than 300 percent.Approximately 95 percent of Target’s sales were fulfilled by its stores.
Good job Target. Also good to know stay at home, shop on line worked..for some!
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