Target Digital Sales Grow 195%
Target Corporation reported its 2Q results, which reflect the continuation of heightened sales volume and significant investments in response to the COVID-19 pandemic. Second quarter comparable sales grew 24.3 percent, the strongest the company has ever reported. Store comparable sales increased 10.9 percent, and digital comparable sales grew 195 percent, accounting for 13.4 percentage points of Target’s comparable sales growth.
Stores fulfilled more than 90 percent of Target’s second quarter....