Wage increases took a bite out of Target’s profit in the fourth quarter even as its sales surpassed Street expectations and its digital channel continued to make impressive gains.
After an extended period of performance fluctuating between poor and lackluster, Target has finally pulled a rabbit out of the proverbial hat and delivered an excellent set of numbers.
Multifamily live-work-play projects continue to pump new life into American downtowns, but their eventual success is dependent on developers curating the right retail for the right place.