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Target hits the bulleye in first quarter
Target’s efforts to revamp its product assortment are apparently paying off for the company, which reported a nearly 52% surge in first quarter profit on strong sales of fashion, home and beauty products.
The company posted a profit of $635 million for the three months that ended May 2. Same store sales rose 2.3%, beating forecasts. Revenue rose 2.8% to $17 billion. Online sales rose nearly 38%.
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Instacart now delivering groceries in Miami
Online grocery delivery service Instacart has had to add boats to its fleet of vehicles now that the growing company has decided to launch in Miami.
Customers in Miami can now order from Whole Foods Market, Costco, Winn-Dixie, BJ'S Wholesale Club and Petco stores and have everything delivered by Instacart in as little as one hour. Instacart customers do not need a Costco or BJ's membership to shop from those stores.

