Disappointing sales of toys, electronics and home goods made for a somewhat mixed fourth quarter for Target Corp. even as the chain maintained its impressive run of same-store sales gains.
Best Buy reported its 12th straight quarter of same-store growth fueled by sales of headphones, appliances, mobile phones and tablets during the holiday shopping season.
After a dismal set of results from many clothing retailers over the holiday period, some may be wondering whether consumers were buying much apparel at all.
TJX. Cos. showed the strength of its off-price model in the fourth quarter with sales and earnings that beat expectations amid increased store traffic. All its banners came up as winners.