Target comps light in November
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MINNEAPOLIS — Target reported November same-store sales increased 1.8%, which was toward the low end of the company’s guidance that called for an increase in the low to mid single-digit range. “November sales were near the low end of our expectations for the month as we compared against very strong performance last year,” said Target chairman, president and CEO Gregg Steinhafel. “As we kicked off the holiday season following Thanksgiving, sales were strongest on Black Friday as guests responded to our midnight opening and compelling prices. Our view of December remains the same -- we expect a competitive and
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- People:
- Gregg Steinhafel
- Places:
- California
- Minneapolis
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