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Warm weather helps Target deliver Q1 comps growth
MINNEAPOLIS — April same-store sales at Target increased 1.1% and helped the company achieve a 5.3% first-quarter comps increase that was the highest in six years. How much of the performance was due to record warm weather versus good execution of a solid strategy against the back drop of an improved economy is debatable.
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Target probes healthcare concept further
Eight new healthcare clinics in Target stores are set to open in two new markets in July as part of the company’s most ambitious expansion of the healthcare initiative since it first began dabbling with clinics.
Four clinics at stores in the Northern Virginia towns of Fairfax, Falls Church, Gainesville and Leesburg are set to open on July 29, the same day as four new clinics in the North Carolina towns of Apex, Wake Forest and Durham, which will get two clinics.