Although Target’s overall revenue growth was flat on last year, this is because the 2018 trading period was 7 days shorter; as such, the comparison is a relatively unflattering one.
Target Corp. has closed the books on one of its strongest years in over a decade amid a stellar holiday season and ongoing investments in its offers, stores and digital.
J.C. Penney is making several key additions to its management ranks — including a new chief merchant — as Jill Soltau, who took the reins as CEO last fall, continues to build her team.