Target’s new fiscal year is off to a flying start with an extremely healthy increase of 5.1% in overall sales, supported by uplifts at both stores and online.
The United States saw a surge in grocery expansion in 2018. Across the nation, grocery openings were up 29.4% from the year prior with 17 million sq. ft. of new grocery space.
Walmart has kicked off its new fiscal year with a strong set of numbers that demonstrate it is maintaining its pace of growth even as it laps tougher comparatives and as the consumer economy tightens.
Ralph Lauren Corp. reported better-than-expected top- and bottom-line growth in its fourth quarter as global growth helped make up for declining sales in North America.