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June sales beat expectations
WASHINGTON — Warm weather, lower gas costs and strong Father's Day promotions apparently put consumers in a spending mood in June, boosting retail sales for the 12th consecutive month and surpassing many analysts' expectations, according to the National Retail Federation.
Retail industry sales — which exclude automobiles, gas stations and restaurants — in June increased 0.3% seasonally adjusted from May, and 5.5% unadjusted year-over-year, according to NRF.
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Target.com brings 'Black Friday' back to summer
MINNEAPOLIS — Target announced that it will once again offer its "Back in Black Friday" online-only sale on July 15. The sale will start around midnight (PST) and end at 11:59 p.m. at Target.com/BlackFriday.
“Target is always looking at ways to provide our guests with outstanding value,” said Steve Eastman, president of Target.com. “Our Back in Black Friday online-only sale is a great example – offering our guests a summer Black Friday with thousands of deals on their favorite products.”