Target sales surged 17% during 2020 holidays
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Target Corp. is ending its 2020 fiscal year on a high note, reporting strong holiday-season sales and increases in both in-store and digital traffic. The Minneapolis-based retailer won't announce its complete fourth-quarter earnings for several weeks yet, but Target (NYSE: TGT) on Wednesday announced that comparable sales in November and December were up 17% from the same period a year earlier. Store-based sales rose 4.2% while digital sales were up 102%. "The momentum in our business continued…
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