Target Posts Biggest Sales Growth in 13 Years


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Target Corp. said it had its best quarterly results in more than a decade, buoyed by the retailer’s efforts to improve its stores and e-commerce capabilities as well as by a booming economy that has helped lift sales across the retail industry.

The numbers from the Minneapolis-based chain continue a strong quarter of results from the country’s largest retailers, which have benefited from increasing consumer confidence and rising online sales despite the challenge of Inc. Target Chief Executive Brian Cornell on…

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