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Comps rise 3.1% as Target releases final monthly results
Target salvaged its fourth quarter with a 3.1% increase in January same store sales that followed disappointing results in December and November.
Target said sales for the five weeks ended February 2, increased 29.6% to nearly $6 billion due to the inclusion of an extra week in the recent reporting period.
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Staples Canada and Alliance Data announce multi-year agreement
Dallas -- Alliance Data Systems Corp. announced Thursday that its Canadian loyalty business signed a new multi-year agreement with Staples Canada Inc., which operates about 330 locations under the banners Staples and Bureau en Gros.
Staples Canada joined Alliance’s Air Miles Reward Program, under which reward miles are redeemed for more than 1,000 different rewards. The retailer will launch the program in-store and online in March.