“While we knew this season was going be challenging, it was even more challenging than we expected,” Chief Executive Officer Brian Cornell said. Digital sales grew 19% compared with 2018’s 29% rise, Cornell said, calling the reported numbers a “tough miss”. Target’s numbers come just a week after several U.S. retailers including Kohl’s , J.C. Penney and Macy’s reported lower sales for the key shopping period, raising doubts about the broader health of the retail sector. …read more
Source:: Yahoo Finance
