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Target sales jump 17% on strong online sales during holiday period

Target holiday sales jump 17% as shoppers splurge online

Target Corp reported a 17.2% rise in comparable sales for the holiday season on Wednesday as its online sales more than doubled, thanks to faster deliveries and higher demand for home goods, electronics and beauty products.

Target holiday sales jump 17% on strong online demand

Target Corp reported a 17.2% rise in comparable sales for the holiday season on Wednesday as its online sales more than doubled, thanks to faster deliveries and higher demand for home goods, electronics and beauty products.

Target reports over 17% jump in sales during holiday period

Walmart to sell operations in recession-hit Argentina, taking $1 billion hit

4 Min Read BUENOS AIRES (Reuters) - Walmart Inc, the world’s largest retailer, said on Friday it was selling its retail operations in Argentina to South American supermarket chain owner Grupo de Narváez, pulling back as the country grapples with an economic crisis. FILE PHOTO: The entrance to a Walmart store is seen in Bradford, Pennsylvania, U.S. July 20, 2020. REUTERS/Brendan McDermid The U.S. company did not disclose the size of the deal for retail operations involving more than 90 stores, but said it would record about a $1 billion after-tax, non-cash loss related to the divestiture in its fiscal third quarter next year.

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