Thanks to an earlier Easter holiday, Target Corp. reported that same-store sales jumped 16.8 %, to $5.6 billion, for the five-week period ended April 1. Comparable-store sales increased 12
%.
That compares with a comparable-store sales increase of 5.7% in the four-week period ended Feb. 25.
The company expects the combined March/April period to reflect comp-store
sales increase of between 4 and 6%.
--Sarah Mahoney