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.
London listed shares fell on Wednesday, as rising coronavirus cases and fresh lockdowns imposed across Europe raised caution about the near-term effects on the economy.
Canada's Alimentation Couche-Tard said on Wednesday it has submitted a non-binding offer letter to buy European retail giant Carrefour at a price of 20 euros per share.
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.
A near $20 billion takeover approach for European retailer Carrefour SA by Canadian convenience-store operator Alimentation Couche-Tard ran into early opposition as the French government raised concerns about food sovereignty and job security at one of its largest employers.