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IBM: December U.S. online sales up 12%
Armonk, N.Y. -- The U.S. online retail sector delivered double-digit growth in December 2010 compared with the same period last year, according to analytics-based findings by IBM. Online sales were up 12%, with consumers pushing the average order value up from $171.06 to $190.42 for an increase of 11.3%.
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Target to open 21 stores and remodel 400 units in 2011
Minneapolis -- Target is opening 21 stores across 12 states, the retailer announced Tuesday.
Among the openings include five stores in California, a third store in Hawaii and a SuperTarget in Minnesota.
“Target takes great pride in designing stores that meet the needs of our guests and the communities we serve,” said John Griffith, Target executive VP. “With the addition of an expanded fresh food assortment, our new stores will offer guests everything they need in one convenient location.”