Tuesday, April 16, 2024
HomeretailTarget sales jump 23% as exclusive brands, curbside pickup draw in shoppers

Target sales jump 23% as exclusive brands, curbside pickup draw in shoppers

  • Target's first-quarter results topped Wall Street's estimates.
  • Sales rose 23%, as investments it made in exclusive brands and services like curbside pickup strengthened customer loyalty and kept them coming back.
  • Like Walmart and Macy's, the big-box retailer said it is benefiting from the reopening economy and busier social calendars, which are prompting consumers to shop.

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